Marathon Gas Station in Largo!!
Business Description
Former Speedway Gas Station!!
This Marathon gas station is located in a very nice area in Largo which is between Clearwater and St Petersburg. This former Speedway gas station is on the main road going through Largo on your way out to the beach. The convenience store sales average $55,000 - $60,000 per month not counting Lottery. The Lottery profit brings in an extra $1,800 per month in profit. The gas station averages 42,000 gallons per month on a commission basis. You earn 5 cents on a cash gas sale and 15 cents commission on a credit card gas sale. Additional income from the ATM, Air/Vac, and rebates. The gas company owns the property and is responsible for all environmental, tanks, pumps, roof, canopy, canopy lights, parking lot, landscaping, and parking lot. Please call Mark Laurie with Property Business Brokers at 407-491-6065 for more information or to schedule a showing.
About the Business
- Years in Operation
- 4
- Facilities & Assets
- Long 5 year lease with two 5 year options to renew. Base rent is $5,700 per month plus taxes and insurance of $1,497. All pumps and tanks are up to code and gas company responsibility. Price includes all equipment the seller owns at this location.
- Market Outlook / Competition
- The current hours of operation are 6:00 am - 11:00 pm. If you do well on your inspection the gas company will give you an additional $1,000 discount off your rent each quarter. The gas company does require a gas deposit of $30,000 - $40,000 that you will get back when you sell the station in the future. It does earn interest.
- Opportunities for Growth
- The Buyer can add a Bit Coin machine and some limited food items to increase revenue.
About the Sale
- Transition Support
- The gas company will require a 8 day training class in Tampa (cost $950). The seller will train you as well.
Listing Info
- ID
- 2420878
- Listing Views
- 64
Listing ID: 2420878 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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