$599,000

5320 Hwy 27

FROSTPROOF FL, 33843

Description

Great location with an acre land and more than 200 feet highway frontage. This property has 4 dispensers with 2 Fueling pumps on each side that makes 8 pumps. Monthly Sales and Expenses: Inside sales: $35,000.00 @ 30 % = $10,500.00. Gas sales net = $3000.00, Lotto/Lottery net = $1500.00, Check Cashing Net = $2000.00, Vacuum = $100.00, ATM = $100.00, Wire Transfer = $400.00. Total Revenue = $17,600.00. Expenses: Electric = $700.00, Water = $50.00, Insurance = $320.00, Labor = $4200.00, Payroll Tax = $240.00, Credit Card Fees = $300.00, Telephone = $150.00, Property Tax = $345.00, Repair and Maintenance = $200.00. Total Expenses = $6505.00. Mortgage = $2900.00. Take-Home Cash = $8195.00 .There were new tanks installed about 4 years ago and the store gas volume can go up by building a trucker's fueling pad facility at the back of the store. Diesel tank is already there in the front. Just need to build pads at the back of the store and connect the (Pipes)plumbing. he owner had spent $230,000 on new tanks. Lots of space to add on. Also there is a large Spanish customer base and you could provide Spanish food and other products to increase your sales.

Details

MLS#L4915593
Listing TypeFor Sale
Sub-TypeResale
StatusActive
Year1960
Days On Site79

Features

SQ Feet2,200
ZoningRC
Acreage0.95
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Area Information
StateFL
CountyPolk
CityFROSTPROOF
Zip Code33843
Area33843 - Frostproof
Listing VS Median (in 33843)
Price:
$599,000
low | high
Med:
$75,300
100% of Average
SqFt:
2,200
low | high
Med:
1,297
91.045454545455% of Average
$ / SqFt:
$272
low | high
Med:
$58
100% of Average
On Site:
79
low | high
Med:
122
64.754098360656% of Average
Listing Updated: 09/14/2020
Bob Armstrong LogoMLS Number: L4915593
Listing Provided By:
Bob Armstrong  of  LA ROSA REALTY LAKELAND LLC

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