Vincenzo LoCricchio
Vincenzo LoCricchio (813) 862-2712 Email Vincenzo
Enterprise Brokers Inc. Florida Business Brokers Buy or Sell a Business / Franchise in Florida

Orient Park (Tampa, Florida, US - 33637)
SOLD  $1,400,000 USD 3 Unit Plaza Gas Station


Attachments


Sold
"Gas Convienence w/ 3 unit Plaza"
 

Enterprise Brokers, Inc.


Vincenzo LoCricchio
 
Vincenzo LoCricchio
Email Vincenzo
 
Phone: (813) 862-2712
Fax: (813) 862-2725
 
Details

Address: Gas Station Real Estate Tampa Florida Type: Commercial Style:  Size: 6,000 sq. ft. "3 units" Lot Type: Rectangular Lot Size:  1.5acres  MLS®: BBF8780022
 
Description

Gas Station Real Estate Tampa Florida
Plaza w/ Gas Station
Asking: $1,400,000
Gross: $1,400,000
Cash Flow: Pro Forma $200,000
Furniture, Fixtures & Equipment: $50,000
Inventory: $60,000 (not included in price)
Real Estate: $1,400,000 (included in price)
Financing: $350k dn, new 1st with 25% down, possible seller 2nd for qualified buyer

Summary Description
6000 sq ft 3 unit Plaza built in 2000 appraised for $1mm when new. Gas Station Biz pumping 80k gallons and $30k mo inside on mo to mo lease @$4500 mo NNN. Tenant is operating store for sellers convenience and will leave when property sells. Seller owns the tanks and pumps, no contracts with oil companies. Beer and wine is being added. Meat market rent $3500 per mo NNN. Restaurant rent $3,200 mo NNN. Income below is Pro Forma for owner operator taking over the Gas Station. Please do not disturb the employees.

General Information
Facilities: Built in 2000 Block Stucco construction 6000 sq ft plaza was recently remodeled. Tanks and pumps installed in 2000 and no contracts with oil companies.
Competition: In the heart of offices, industrial and residential properties.
Growth and Expansion: can easily add beer and wine sales.
Support/Training: Seller will stay on for one week at zero cost.
Reason Selling: Seller owns other businesses.
Year Established: 2000
Employees: 2 FT 2 PT


Rent Roll
Gas Station (seller owns Tanks and Pumps) $4,500 per month NNN on month to month
Meat Market $3,500 per month NNN
Restaurant $3,200 per month NNN

Gross rents $134,400 per year all leases NNN,
Expenses, Electric $237 mo, Maintenance $240 mo Taxes and Insurance are passed through to tenants.

Data SourcePro forma
Year (Cash Flow)2005 (N)
Gross Revenue$1,400,000
Cost of Goods$1,000,000
Gross Profit$400,000
Expenses$200,000
Net$200,000
 
P2#378210

Information is deemed to be correct but not guaranteed.