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Business description
This large Sunoco is located on a very busy highway in Leesburg. The convenience store sells an average of $60,000 per month in grocery sales plus LOTTO. The station pumps an average of 65,000 - 70,000 gallons per month on a commission basis. You earn 5 cents commission on a cash gas sale and 10 cent commission on a credit card gas sale. The gas company is responsible for all environmental issues, tanks, pumps, canopy, canopy lights, roof, and landscaping.
Property information
- Premises details:
- New 5 year lease with two 5 year options to renew. Base rent is $7,000 ++. Large C-store with an extra attched space that is available for you to lease out or operate your own side business. There are 6 double sided pumps with 12 filling stations. Updated tanks and pumps.
Business Operation
- Expansion potential:
- Rent out the extra empty unit and collect 100% of the rental income. You will receive a rebate from the gas company of $1,500 per month because this is a 24 hour store. You also will qualify for up to an additional $750 per month if you do well on your inspection. The gas company does require a gas deposit of $40,000 - $50,000 that you will get back when you sell the station in the future. It does earn interest.
- Employees:
- 2
- Years established:
- 5
Other information
- Support & training:
- The gas company will require a 2 week training class in Tampa (cost $800). The seller will train you as well.
- Financing available:
- Seller might finance the inventory for a qualified buyer.
- Furniture / Fixtures value:
- $8,000 (included in the asking price)
- Inventory / Stock value:
- $40,000