Landmark Drive Thru C-Store with Gas

Palm Beach County, FL

Landmark Drive Thru C-Store with Gas
Contact Seller

Asking Price: $225,000

Cash Flow: $75,000

Gross Revenue: $1,500,000

EBITDA: $75,000

FF&E: $50,000

Inventory: $40,000*

Rent: $4,815 /Month

Established: 1960

*not included in asking price.

Landmark Drive Thru C-Store with Gas

Save Print Share Valuation Report

Business Description

Once in a lifetime opportunity to own the only one of its kind drive through C-Store with gas in S. Florida. This location is an established name that's been servicing the area for approximately 60 years. Farm Stores is one of the most well recognized names in the industry in Florida. Its new concept is a franchise setting with full service in the drive through and walk-in side including, specialty coffees, state of the art bakery, bread baked on site while you wait, lunch items, freshly squeezed juices, hot snacks, soups. and all convenience items traditionally found in larger stores. The location has been completely remodeled and renovated with new flooring, new cooler, new equipment, new bathrooms, new POS, new A/C, with ATM and vacuum, 2 gasoline dispensers. Store sales currently between $30K-$35K and projected to reach $60-$70K by the end of the year at 50% GPM. Gasoline sales range between 15K-20K and also projected to reach 25K-30K by the end of the year at $.25/gal. Very high traffic with excellent visibility. Franchise fee is $25K, monthly royalties are 6%, training done in S Florida for about 3 days. Serious inquiries only. Proof of funds and NDA required.

Detailed Information

Location:
Palm Beach County, FL
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
700
Lease Expiration:
2/28/2039
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
C-Store consists of approx 700 ft, with a drive through and walk-in side, 8 door walk in cooler, gondolas, cabinets, 2 POS systems, food warmers, state of the art oven, juicer, soup kettle, refrigerators, freezer etc.
Competition:
None like this one, few other gas stations in the area. In a lighted intersection on one of the busiest E/W roads of Palm Beach County. Next to schools, car dealers and great residential traffic.
Growth & Expansion:
Store grand opening takes place early June. Store sales continue to grow, addition of Uber Eats will enhance and grow sales
Support & Training:
2 weeks plus franchise training
Reason for Selling:
Developing new locations
Franchise:
This business is an established franchise
Business Website:
http://farmstores.com
Contact Seller

Contact the Seller

(from currently available funds)
 
Contact Seller Loading

Mark Habib

Business Listed By:
Mark Habib

Royal Crown Group LLC

Show Phone Number

View My Listings

Listing Statistics

Unlock

Demographic Information

Unlock


Ad#:1635673 Report an issue with this listing

The information in this listing has been provided by the business seller or representative stated above. BizBuySell has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness.
Read BizBuySell's Terms of Use before responding to any ad.


Similar Listings


Signarama

Franchise Opportunity
Capital Required: $168,000