Texaco Gas Station Sarasota!!

Sarasota, FL (Sarasota County)

Texaco Gas Station Sarasota!!
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Asking Price: $149,000

Cash Flow: $106,590

Gross Revenue: $2,193,306

EBITDA: N/A

FF&E: N/A

Inventory: $50,000*

Established: 2006

*not included in asking price.

Texaco Gas Station Sarasota!!

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Business Description

This is a high volume Texaco gas station and convenience store located in the heart of Sarasota with many residential homes and businesses in the immediate area. The current owner has been there for the last 13 years which is a sign of a strong business.
The convenience store is averaging $85,000 per month not counting Lottery. The Lottery report from the state shows an additional $28,266 earned last year from only the Lottery profit. The gas station pumps nearly 100,000 gallons per month on a commission basis. The gas company pays you 3 cents per gallon on a regular gas sale, 4 cents on mid grade, and 5 cents on Premium. The gas company pays 65% of all the credit card fees for the gas AND convenience store sales. The store earns extra income from the ATM and Air/Vac. There is an empty area to the left of the counter where you can start a deli or other revenue generating business. The gas company owns the property and 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:
Sarasota, FL
Inventory:
Not included in asking price
Employees:
4
Facilities:
The base rent is $7,946 plus property tax and sales tax. Buyer will receive a new 5 year lease with a 5 year option to renew. There are 4 double sided pumps with 8 filling stations, including diesel.
Competition:
Currently running 24 hours but is optional. The gas company does require a refundable $20,000 gas deposit. No other gas station on the other 3 corners of this intersection.
Growth & Expansion:
Open a deli in the vacant space to increase revenue.
Support & Training:
No training class required!! The seller will train you for a week or more if needed.
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Mark Laurie

Business Listed By:
Mark Laurie

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