Sunoco Gas Station Property and Business No Gas Contract!!
Sanford, FL · Seminole County
$1,499,000
- Type
- Gas station
- Cash flow
- $166,650
- Gross revenue
- $998,844
- Real estate
- Owned
- Building
- 1,190 sq ft
- Established
- 2017
- Inventory
- $60,000 (not in price)
About this listing
This Sunoco gas station is located on busy Hwy 17/92 in Sanford which is about 30 minutes north of Orlando. There are many residential homes and businesses surrounding the store. This is one of the few gas stations with property and business where the Buyer will have the opportunity to sign with a new fuel company to supply the fuel and the Buyer will receive 100% of the gas profit. Fuel companies usually pay over $125,000 to a gas station owner for the right to supply the fuel but we are going to let the Buyer decide. The convenience store sales are averaging $40,000 - $45,000 per month at a high profit margin. The Lottery profit per the tax return shows $3,606 per month. The current seller who has owned the property for the last 9 years keeps the gas prices very high and averages 35 cents per gallon after all credit card fees are paid. With the prices this high the volume is averaging 15,000 - 18,000 gallons per month but can more than double if the gas prices were reduced. This would increase the fuel volume to over 30,000 gallons and would also help increase the inside store sales. There is a good amount of extra income from the online game machine, ATM (owned and included), air/vac, and rebates. The cash flow shown assumes an estimated new $1,000,000 mortgage expense amortized over 25 years at 8% interest.
Details
- Facilities
- Land size .29 of an acre. Building is 1,190 s/f. There are 3 double sided pumps with 6 filling stations, including diesel. Double walled tanks changed in 2006. Environmental clean. POS bought and paid for!
- Support & training
- The seller will train you for at least a week or more if needed.
- Growth & expansion
- Current hours of operation are 7:00 am - 11:00 pm but the new owner should stay open later or even 24 hours to increase sales.
- Competition
- NO GAS CONTRACT!! Buyer can choose a gas company to supply and collect the signing bonus.
Listed by another broker on BizBuySell. We can approach the listing broker for you. Original listing ↗