See Similar Listings

Kangaroo Express Shell in Leesburg!!

Leesburg, FL
listing image
Asking Price:$189,000
Gross Revenue:$2,164,800
Established Year:2018
Cash Flow:$139,284
Inventory:$75,000
Listing ID: 2228386Listing provided by BizBuySell
BUSINESS DESCRIPTION

This is a high volume Kangaroo Express Shell located on the main Highway in Leesburg, which is about 45 minutes NW of Orlando. This large convenience store averages $100,000 per month in sales not counting Lottery. The Lottery profit averages over $2,000 in monthly profit. The gas station pumps over 75,000 gallons on a commission basis. Your gas commission is 5 cents per gallon on a cash gas sale and 15 cents on a credit card sale. The extra 10 cents you receive pays for the credit card fees. You earn extra income from the Circle K(Kangaroo is owned by Circle K) vendor rebates, ATM, and air/vac. The Seller lives out town so a new hands on owner will do much better. The gas company 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.

DETAILED INFORMATION
Location
Leesburg, FL
Inventory
Not Included in asking price
Employees
4
Facilities
Buyer will receive a new 5 year lease with two 5 year options. Base rent is $11,365 plus taxes and insurance. There are 5 double sided pumps with 10 filling stations. All tanks and pumps are up to code.
Competition
Current hours of operation are 24 hours 7 days per week which is required by Circle K. The gas company does require a separate $40,000 refundable gas deposit. Circle K will charge a $10,000 Franchise transfer fee.
Growth & Expansion
The Seller lives out of town so a new hands on owner will do much better.
Support & Training
Buyer will have to be approved by Circle K and attend their training (cost $1,250). Seller will train you as well. In order to be approved a new Buyer will be required to live within a 1 hour drive from the station and show a drivers license.
Report an Issue with this listing
profile-img
Mark
Laurie
logo-img
Phone Number
Mark Laurie
Call Phone