Business Summary:
This is an excellent opportunity to own a small Gas Station & Convenience Store with as little as $499k down with a lease w/option to purchase the real estate. The Store is located on .39 acres in an excellent high traffic area in West Palm Beach with a high volume of convenience sales from local walk-in business from the surrounding residential neighborhood. Fuel sales average $60,000 a month, with an average pool margin of 19 cents, generating an average of $11.4k/month in fuel sales/income. There is an 8 DCR (dispensing point) for gas and 4 DCR for Diesel. The tanks have been replaced to comply with the new regulations as of last summer.
Two full time employees manage inside sales averaging $55,000 monthly w/ a 35 cent margin (C-Store @ $19.3k/month & Food, Lotto, ATM, Air @ $3.3k/month) and owner currently leases the rear bays for Auto/Tire shop at $3k/month. Total gross income including both the inside store and fuel sales average $37,030.00 per month. The seller lives in Boca Raton, but visits the site one hour daily, briefly for cash collection, inventory, etc. Seller will consider financing for qualified buyer with substantial down payment.
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