Exxon Gas Station North St Petersburg!!

Saint Petersburg, FL
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Asking Price:$229,000
Gross Revenue:$1,302,360
Established Year:2020
Cash Flow:$130,932
Inventory:$50,000
BUSINESS DESCRIPTION

Low Rent!!

This Exxon gas station is located on the main road on the north side of downtown St. Petersburg. There is a good amount of extra rental income at this location with a well established car detail center and an auto repair business. The convenience store averages $55,000 per month not counting the Lottery sales. The Lottery profit brings in an extra $2,000 per month. The gas volume averages nearly 50,000 gallons per month and the gas company pays you commission of 5 cents per gallon on a cash gas sale and 15 cents per gallon on a credit card gas sale. The car detail center pays you $1,480 per month including 1/2 of your water bill. The auto repair shop pays you $700 per month. Extra income from the ATM, Bit Coin machine, Vending game, Air/Vac, and rebates. To top it all off the base rent is EXTREMELY LOW of only $2,800! Just some of your extra income covers that. The gas company is responsible for the environmental, tanks, pumps, roof, price sign, and parking lot. Please call Mark Laurie at 407-491-6065 for more information or to schedule a showing.


DETAILED INFORMATION
Location
Saint Petersburg, FL
Inventory
Not Included in asking price
Employees
3
Facilities
Buyer will receive a new 5 year Lease with two 5 year options to renew. The current base rent is only $2,800 plus taxes. There are 4 new double sided pumps with 8 filling stations. All pumps are up to code.
Competition
Current hours of operation are 5:00 am - 12:00 am but the new buyer can open later or even 24 hours if you want. You also can earn an extra $500 per month if you do well on your monthly inspection. The gas company does require a separate $30,000 - $40,000 refundable gas security deposit.
Growth & Expansion
There is a small deli area inside the station that you can either lease out or operate yourself to increase sales.
Support & Training
The buyer will be required to attend an 8 day training class in Brandon (cost $950). The seller will train you as well.
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Mark
Laurie
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Mark Laurie