Marathon Gas Station Near Tampa Airport!!

Tampa, FL
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Asking Price:$165,000
Gross Revenue:$908,200
Established Year:2019
Cash Flow:$82,528
Inventory:$50,000
BUSINESS DESCRIPTION

Low Rent!! Large Store!! Huge Potential!!

This large former Circle K gas station is located on busy Hillsborough Ave near Tampa International Airport!! The station has been re-branded to Marathon but has been completely renovated and shows like new. One of the best advantages this station has is the very low base rent of only $1,800 per month. The store is over 3,000 s/f and has 12 fueling stations, large kitchen hood, specialty smoke shop display, and more. With this size store, low rent, and premium location, this is a very unique opportunity! Without the kitchen being open or having Lottery, the store sales average $35,000 per month. The gas station pumps 35,000 gallons per month on a commission basis. The gas company pays you 5 cents per gallon on a cash sale and 15 cents commission on a credit card sale. The extra 10 cents covers the credit card fees. The current owner also receives extra rental income from 4 food trucks ($3,400)and a fruit and vegetable stand ($800). The food truck and vegetable stand income alone pays more than the base rent. There is a full kitchen with hood that is not being used. Either open this up yourself or rent out for $1,500 per month. The gas company is responsible for the environmental, tanks, pumps, roof, canopy, parking lot, and price sign. Please call Mark Laurie at 407-491-6065 for more information or to schedule a showing.


DETAILED INFORMATION
Location
Tampa, FL
Inventory
Not Included in asking price
Employees
2
Facilities
Large 3,000 s/f store. Base rent is only $1,800 plus taxes and insurance. Buyer will receive a new 5 year Lease plus two 5 year options to renew. The gas company has already ordered new pumps for the station coming soon! The station still looks like a Circle K inside without having to pay any franchise fees.
Competition
Current hours of operation are 6:00 am - 11:00 pm but you can stay open later if you want. The gas company does require a $40,000 refundable gas deposit. Marathon pays you $1,000 per quarter in extra rebates if you do well on your inspection.
Growth & Expansion
There are already 4 food trucks paying $3,400 total plus a fruit and vegetable stand paying $800/mo. Open the kitchen and add Lottery 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