Lake Placid Profitable, branded gas station and convenience store - Business for Sale

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Branded Gas Station and Convenience Store in Lake Placid, FL

Lake Placid, FL, US
Added 17 days ago
Gas Station and Convenience Store
Absentee / Semi-Absentee

Branded gas station and convenience store located in Lake Placid, Florida, operating on a busy highway with multiple revenue streams and absentee ownership.

Key Information

Asking

$275K

Revenue

$1.2M

Earnings

$175K

Multiple

1.6x

Key Highlights

  • Store sales are $65,000-$70,000 per month
  • Fuel sales are approximately 25,000 gallons per month at rack plus $0.20 per gallon
  • Additional monthly income includes $1,900 from lottery commissions and $950 from tobacco rebates, plus ATM, Bitcoin, and air services
  • Monthly rent is $9,000 NNN
  • The business is operated 100% absentee by the current owner
  • Store size is 2,800 square feet and has been completely remodeled with new fuel dispensers, AC system, counters, and equipment
  • Real estate is available for an additional $2,300,000

Contact Info

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