Mobil Gas Station North Daytona Beach!!

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Asking Price:
$165,000

Gross Revenue:
$1,825,620
Cash Flow:
$149,700
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$55,000
not included in asking price

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

This is a high volume Mobil gas station located a little north of Daytona Beach. The gas station is pumping 90,000 gallons on a commission basis. You receive 4 cents commission per gallon and the gas company pays all the credit card fees for the gas AND convenience store sales. Even though the operating hours are only 6:00 am - 11:00 pm the convenience store is averaging $60,000 per month in sales not counting Lottery. The Lottery profit is $1,500 per month extra. The seller averages $5,000 per month in deli sales at 50% profit. If you don't want to run the deli you can sublease that area out. The gas company owns the property and is responsible for all environmental issues, tanks, pumps, canopy, canopy lights, roof, and landscaping. Please call Mark Laurie at 407-491-6065 for more information or to schedule a showing.

About the Business

Year Established:
2010
Number of Employees:
3
Facilities:
You will receive a new 5 year lease with two 5 year option terms for a total of 15 years. The base rent is $4,500 plus taxes. There are 4 double sided pumps with 8 filling stations. Updated tanks and pumps.
Market Outlook/
Competition:
The hours of operation are 6am - 11pm but you have the option to open later or even 24 hours if you want. If you do well on your monthly inspection the gas company will give you a $500 discount off your rent each month. The gas company does require a gas deposit of $40,000 that you will get back when you sell the station in the future. It does earn interest.
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About the Sale

Training/Support:
The gas company will require a 2 week training class in Tampa (cost $900). The seller will train you as well.

Listing Info

ID:
1491093
Ad Detail Views:
1212

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Business Listed by

Mark Laurie

Property Business Brokers
License# 3085701

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