25 May Oil Company – Mid Florida – 7 Stations with Land & Tenants $11MM
Oil Company – Mid Florida – 7 Stations with Land & Tenants $11MM
Office Code/ Reference ID: 883525
Asking / Price $11,0000,000
Gross Income /Sales $33,240,000
Cash Flow / Adj Net $720,000 * Based mostly on tenants but could be $1.07MM or higher operated corporately (estimation; Recommend full due diligence and planning for all investments)
Area: Tampa to Central Florida
Overview / Listing Summary: Well known branded gas stations available. Each stations is up to environmental code. One has new tanks but needs new pumps, and that is reflected in the price. We would love a buyer to take over them all but will consider selling one at a time.
“Of course, since this is highly confidential, we will require to have a fully signed non disclosure, photo I.D, and proof of funds before revealing the identity and location. We are not giving broker permission to share any of this without that information.” – Owner
We are authorizing Legacy Venture Group to represent this offering under the restriction of highest confidentiality.
Facilities: All locations up to environmental code. All have great convenience stores. All are in great areas for convenience stores and have very active communities. Most have tenants and some have other retails spaces. Sites run from St Petersburg over to Daytona Florida.
Competition / Market Pros & Cons: This gas station stands out distinctly from its competition. Supply agreements are in place but arrangements can be made if a jobber, or company like 7-Eleven were to take an interest.
Growth/Expansion/Marketing: This great structure allows for a serious company to begin to grow through the central part of Florida effectively. We would recommend looking carefully at the options of running as tenant operations, as we have done over the last years, or corporately operated to capture maximum revenue capacity.
Support/Training: Training and support will be provided – four weeks is included. This is a NOT franchise. Additionally training, management support and more can be arranged.
Reason For Selling: We have run this as a family, but our situation has changed over the years. Some of our key members have aged out and we are also embracing another large family project in a very different part of the United States.