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Business For Sale
GET 2 SHELL GAS STATIONS TOGETHER IN TAMPA
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Asking Price: |
$450,000
USD USA Dollars
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Business for Sale Industry: |
Auto & Mech: Services & Gas Stations
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Reason for Selling:
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Consolidation of businesses |
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Year Established:
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1974 |
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# of Employees:
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11 |
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Yearly Revenues:
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$4,350,000 |
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Yearly Cash Flow:
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$175,000 |
Business for Sale Overview:
Operated two stations. This is a very unusual chance to pick up two on the same road. Seller has brought price to a fast sale rate. Rents are around $8,000 per month. Shell has a three week training school for its new retailers and take very good care of their retailers. You will find this pretty valuable and the school is free to new retailers. If you are already a Shell dealer you do not have to attend the school. Shell takes care of all underground takes, pumps, POS machines, ... which they cover with a separate monthly maintenance fee. Regarding other expenses per station, remember to budget for gas (approximately $20,000 in the ground) and convenience items (approximately $30,000 but can vary widely). Lastly, working capital is essential and you will need another ($30,000 to $35,000 per station estimated), which is required by Shell too. #1 #2 GasVolume 1,259,406 880,000 Margin $0.10 per gallon $0.12 per gallon CStore-Gross $528,250 $930,394 Other-Net $9,600 $12,900 Lottery-Gross $137,000 $13,000 Car Wash $72,100 $46,400
Property Features and Assets:
Two corporately held Shell Gas Stations located in Tampa offer conveniences stores, car washes and gasoline. Shell will provide training to investors and owners will benefit from the PMPA rights provided nationally. Stations are approximately three miles apart on same road.
Market Competition and Expansion:
Shell earned such a high reputation in the Tampa Bay that it was chosen by the police departments and emergency team as their fueling choice. Great credit card customer base. Recently rehabbed stations. All equipment maintained by Shell.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This is not a homebased business opportunity.
- This is a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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