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MLS® ID: T3116444

1220 W 1ST STREET

BRADENTON, Florida, 34208

$99,900 Active
  • 3200 SQFT
7-Eleven Mobile Gas Station Newly built in 2014 at Prime Location with Extremely High Traffic. It is 24 Hour operating business with 5 PT, 1 FT and 3 family members. Total current Monthly Rental payment of $16,358.55 includes $12,724 for Base Rent, $2,069 for CAM, $300 for Equipment, $200 for Network, $39.23 for Bathroom Maintenance and Sales Tax. With Gasoline Commission, Monthly Rebate, ATM Credit, Vacuum Income Credit, Monthly payment to Landlord average about $10,000. Commission for Gas Sales are $0.05 per gallon for Cash Transaction and $0.10 per gallon for Credit Transaction. Average monthly gasoline sales are 58K - 60K gallons. The Landlord, APEC, requires New Lease Agreement with new operator, usually 5 Year of Initial Lease with 2 of 5-Year Option to Renew. Both APEC and 7-Eleven require in-state training for new operator. Additional Funds needed: $35,000 for 7-Eleven Franchise Fee, $40,000 Deposit to APEC and $25,000 for Inventory.
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Listing courtesy of YOUNG COMMERCIAL INVESTMENT

Amenities

  • Full baths
    0
  • Half baths
    0
  • Zip
    34208
  • Office name
    YOUNG COMMERCIAL INVESTMENT
  • SQFT
    3200
  • Bedrooms
    0
  • Property type
    Commercial
  • Zoning type
    C2
  • Year built
    2014
  • Lot size
    0.97
  • Waterfront
    No
  • Tax year
    2017
  • Agent name
    Sun Young
  • Tax amount
    $ 13749.0
  • Purchase Type
    Active
  • Price Range
    < $100k
  • Square Feet Range
    3000-3500 sq ft.
  • Area
    34208 - Bradenton/Braden River
  • Year Built Range
    After 2010
  • Office ID
    771260
  • Agent ID
    257003089

Location

Virtual Tours

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