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#Business ID: 11621

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Citgo Gas Station In Ocala

Business Location: Ocala, Marion, Florida, United States

Asking Price: $ 65,000 Revenue: $ 928,523 Cash Flow: $ 69,095

[Furniture / Fixtures included]

Business Summary

This Citgo gas station is located on a very busy road in Ocala next to the theme park. The convenience store sells an average of $35,000 per month in grocery sales. This store is one of the highest Lottery locations with $21,563 profit earned per year. This amount is shown right on the Florida Lottery Annual report. The station pumps an average of 40,000 gallons per month on a commission basis. You earn 2 cents commission on a cash gas sale and 6 cents commission on a credit card gas sale. These inside sales can be increased with a new owner operator with fresh energy and ideas. The gas company is responsible for all environmental issues, tanks, pumps, canopy, canopy lights, roof, and landscaping.

Long 15 year lease. Base rent is ONLY $2,000. There are 3 double sided pumps with 6 filling stations. All pumps and tanks are compliant and up to code. There is an area for a deli area that is now used to sell ice cream.

Property Details

Years Established:

1998

Property Type:

Lease

FF&E:

$ 5,000

Inventory Value:

$ 25,000

Other Business Details

Business Location:

Prime location next to the theme park in Ocala.

Expansion Potential:

You will qualify for up to an additional $500 per month in rebates if you do well on your inspection. The gas company does require a gas deposit of $30,000 - $40,000 that you will get back when you sell the station in the future. It does earn interest.

Business Operation Details

Employees:

3

Support & Training:

The gas company will require a 2 week training class in Tampa (cost $800). The seller will train you as well.

Miscellaneous Details

Reason For Selling:

Same owner has been here for 14 1/2 years and is ready for a change.

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