Large Citgo Gas Station In South Orlando For Sale

Business description

This large Citgo station is located in a nice area in South Orlando. The convenience store sells an average of $52,000 per month in grocery sales plus LOTTO. The gas volume averages 55,000 gallons per month on a commission basis. You earn 3 cents per gallon on a cash gas sale and 7 cents per gallon on a credit card gas sale. The gas company is resonsible for all environmental issues, tanks, pumps, canopy, canopy lights, roof and landscaping. There is a nice deli area that is not being used that you can open up. This will make a great family business for you and your family. Please contact Mark Laurie for more information or to schedule a showing.

Property information

Premises details:

Huge C-store area with an unused deli area. Base rent of only $4,000 NNN. Long 5 year lease with two options to renew. There are 12 double sided pumps with 24 filling stations. Updated and compliant pumps and tanks. Price includes the camera system, fountain machine, and other deli equipment.

Business Operation

Expansion potential:

The seller rents out an area of his parking lot to a food vendor and receives $1,000 per month rental income. A traffic light has just been installed in front of the station which will help increase the gas volume in the future. This station has been preapproved by Circle K if you want to convert in the future.

Competition / Market:

Prime location only a few miles from the Florida Mall. The seller gets a $1,500 monthly rebate from the gas company for being open 24 hours. You also qualify for an additional $750 monthly rebate if you do well on your inspection.

Employees:

4

Years established:

8

Other information

Support & training:

The gas company requires a 2 week training class in Tampa (cost $800). The seller will train you as well.

Furniture / Fixtures value:

$6,000 (included in the asking price)

Inventory / Stock value:

$40,000