Very Profitable Gas Station Business near Miami International Airport

Miami, FL
Gas Station
Asking Price:$1,999,999
Inventory:$80,000
FF&E:$250,000
Cash Flow:$367,000
EBITDA:$367,000
Established Year:1967
BUSINESS DESCRIPTION

Very Profitable Gas Station business only located in Miami Florida minutes from Miami International Airport. Gas Station, C Store, Cafeteria w/ Latin Food, Large C Store, large cooler & office. Very busy hand carwash & Latin cafeteria, currently these are rented without a lease so new owner can decide whether they want to operate themselves & increase the NOI or keep leased & make the current NOI. EBT was just added. Long lease expires in 2038 & has a renewal. Landlord willing to extend the lease to a qualified buyer. Current Margin on Fuel 60-70 cents per gallon. Owner of business controls the Fuel Prices & Margin. Net Operating Income with carwash & cafeteria rented out is $367,000, new owner wants to operate the car wash and cafeteria NOI would probably easily exceed $500,000 per year.

Located in Major Redevelopment area near Miami International Airport and this gas station› David Beckham’s $1B Inter Miami Project Moves Forward Sep 14, 2022 · David Beckham has the green light to build a stadium for Inter Miami CF. Construction on Miami Freedom Park has been cleared to begin after city commissioners approved.


ATTACHED DOCUMENTS
Ferrarri International Realty NDA.pdf Download

DETAILED INFORMATION
Location
Miami, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,750
Employees
6
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large gas station, convenience store, hand car wash and latin cafeteria near Miami International Airport. 14 years left on lease and landlord will renew after the 14 year lease expires. Located in Major Redevelopment area near Miami International Airport and this gas station› David Beckham’s $1B Inter Miami Project Moves Forward Sep 14, 2022 · David Beckham has the green light to build a stadium for Inter Miami CF. Construction on Miami Freedom Park has been cleared to begin after city commissioners approved.
Competition
Most established gas station in the area and near Miami International Airport. In business for over 55 years, 14 years left on current lease at great terms and lease is renewable. Only gas station in the immediate area with Convenience Store, Latin Cafeteria and Hand Carwash. Owner of gas station business controls margin and price on fuel. Currently 60 to 70 cents per gallon.
Growth & Expansion
New owner could lower the margin on the fuel and would probably increase the gallons and convenience store sales, or leave the way it is now. Redevelopment area near Miami International Airport and this gas station› David Beckham’s $1B Inter Miami Project Moves Forward Sep 14, 2022 · David Beckham has the green light to build a stadium for Inter Miami CF. Construction on Miami Freedom Park has been cleared to begin after city commissioners approved. Redevelopment area near Miami International Airport and this gas station› David Beckham’s $1B Inter Miami
Financing
Cash Only purchase.
Support & Training
2 weeks. Gas station has a full time manager, seller is absentee.
Reason for Selling
Other business interest
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Giovanni
Ferrarri, BROKER-PRESIDENT
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Giovanni Ferrarri, BROKER-PRESIDENT