Service Station For Sale in Sanford Florida

Gas Station In A Working Class Area That Is Very Profitable

Advert Id: 50769
  • Location:Sanford, Florida
  • Category:Service Station
  • Asking Price:$110,000
  • 110000
  • Sales revenue :$400,000
  • Net profit :Undisclosed
  • Furniture/Fixtures value :$30,000
  • Inventory/Stock value : $30,000

Business description

This neighborhood gas station convenience store is located in a mixed working class area of Sanford Florida that is ideal for making money in this economy.This business is surrounded by single family homes, small businesses and the adjacent area is very much a working class area and the residents shop and use C and gas stations stores as there supermarkets and general store.Rent $4,350,00 total including taxes per month with options 10 years.Gross Sales are about $400,000 per year ($37,000 per month inside sales only) at this moment as the store growing and increasing its inventory.Lotto commission $1,500 per month.
Gas sales 15,000 gallons per month (200,000 gallons a year) with a good margin of 25 cents per gallon.
No check cashing is undertaken at this location but could be added.Location of the store is on a busy main road and is a free standing building with one other store that was a coin laundry but is now closed.
The station has been there for years and the seller has had it for about a year.Store is nicely equipped and laid out and has a deli department.Price includes about $30,000 of inventory plus all of the equipment such as shelving and walk in cooler plus all of the cooking equipment for the deli.The station has a beer and wine license that can be easily transferred to a new buyer as long as they do not have a criminal background.
Competition is in the area, but not with a deli department. This store is ideal for a family and will give a good living to anybody that wants to work.Store is run by husband and wife team.Equipment value is about $30,000.Inventory is in the range of $30,000 and can be counted at retail and discounted by the mark up-cost and will be taken by independent stock takers at close. Cost of inventory count to be divided 50/50 between buyer and seller.Owners benefits are in excess of $60,000 per year with lots of room to grow.
Financing of $40,000 can be arranged for a buyer with $70,000 down.4,000 square foot store.

  • Competition: This store is in the middle of a neighborhood and there is one other gas station in the same road but their is enough business to go around. With more inventory and more cooked food items that the competition does not offer for this could be the main store in the area.
  • Expansion: The deli side can greatly be enhanced and check cashing added that will increase not only the profit on this service but also on the food and inside sales.
  • Years Established: 1995
  • Employees: 1
  • Trading Hours: 7 a.m to 8 p.m.
  • Support Training: Seller will assist or train a buyer in running this type of business for a week and be on call if required after the sale.
  • Reason For Selling: Seller has an opertunity to aquire a bigger business in Texas with his relations
John Price,broker & Associates

Enquire Now

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