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Convenience Store w/gas for Sale in Tampa Bay

Reference #: 41462348
Location: Tampa Bay
Price: $110,000
Amount Down: $110,000
Revenues: $660,000
Discretionary Earnings: $75,365
Total Assets: $130,000
Business Description: This newer light, bright, and clean Convenience Store with 10 regular and 2 brand name diesel pumps is located on a prime corner location, at a main intersection on one of the busiest thoroughfares in the county. The business is surrounded by one of the county's largest industrial and business areas. It has a Car Wash, Vacuum and Air outside and a national franchise deli, Lotto, and seller-owned ATM inside. It has inside sales of over $55K per month, and rising, with a 35% margin. Before the downturn of the economy, this sore had inside sales of over $70K per month. Gas sales are between 70-80K gallons per month, and are operated by the landlord, whose gas prices are extremely competitive, thereby increasing the customer count and inside sales volume. Landlord gives seller 1 cent per gallon sold, and the landlord pays ALL credit card fees for both INSIDE and outside sales, thus dropping the rent to less than $6,000 per month. Double tanks are newer, have all up-to-date sensing equipment, and landlord is responsible for all pumps and maintenance on petroleum facilities. The business has a great lease. Current owner is content, but has other business obligations. A new owner can easily maximize profits by extending hours, adding Pizza and Fried Chicken. Seller is highly motivated and will entertain all offers. This cash cow will not last…call VR Business Sales at 727-499-6500 or email info@vrtampabay.com

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The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business.