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Citgo Gas Station Winter Haven!!

Winter Haven, FL (Polk County)

Citgo Gas Station Winter Haven!!
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Asking Price: $65,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: $45,000*

Established: 2018

*not included in asking price.

Citgo Gas Station Winter Haven!!

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Business Description

This Citgo gas station is located on the main road leading through Winter Haven. There are thousands of residential homes within a few mile radius. The convenience store is very large and there is plenty of room to open a deli, beauty supply area, and add more inventory. The convenience store is selling around $20,000 per month and increasing. The profit from the Lottery is nearly $2,000 per month which covers your base rent. The gas sales are averaging 20,000 - 25,000 per month at a 3 cent per gallon commission. The gas company also pays for all of the credit card fees for the gas AND convenience store. The current owner recently received approval to install a hand car wash area which will bring in additional income in the future. 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.

Detailed Information

Location:
Winter Haven, FL
Inventory:
Not included in asking price
Employees:
3
Facilities:
You will receive a new 5 year lease with two 5 year option terms for a total of 15 years. The current base rent is only $1,500 plus taxes. There are 3 double sided pumps with 6 filling stations. Updated tanks and pumps.
Competition:
The hours of operation are 6am - 11pm but you have the option to open 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 refundable gas deposit of $30,000 that you will get back when you sell the station in the future. It does earn interest.
Growth & Expansion:
Finish installing the hand car wash to increase income. Start a deli!
Support & Training:
The gas company will require a 10 day training class in Tampa (cost $900). The seller will train you as well.
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Mark Laurie

Business Listed By:
Mark Laurie

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