5320 Hwy 27

    Frostproof, FL 33843
    • $650,000
    • STATUS: Active
    • ON SITE: 289 days
    • MLS #: O5564744
    UPDATED: 60 min ago
    $650,000
    • 0
      BEDS
    • 0.95
      ACRES
    • 0
      BATHS
    • 0
      1/2 BATHS
    • 3,788
      SQFT
    • $172
      $/SQFT
    Neighborhood:
    Type:
    Commercial
    Built:
    1960
    County:
    Area:

    School Ratings & Info

    Description

    Excellent Location with One Acre land and more than 200 feet frontage. It has 4 dispensers with 2 Fueling pumps on each side that makes 8 pumps. Monthly Sales and Expenses Summary: 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 . So the value of the store only is $164,000.00. Owner put new tanks abou 4 years ago and the store gas volume can go up by building a Truckers Fueling Pad facility at the back of the store. The diesel tank is already there in the front. Just need to build pads at the back of the store and connect the (Pipes)plumbing. Owner also replaced tanks less than 4 years ago and he spent $230,000.00. Lots of spanish speaking customers surronding that area but the current owner has not monopolized that market bu introducing spanish foods. Huge Huge potential for the new buyer.

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    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-12-10T23:40:32.95.
    www.thegriffingroup.net/homes/81051850

    5320 Hwy 27 Frostproof, FL 33843

    • Price: $650,000
    • Status: Active
    • Updated: 60 min ago
    • MLS #: O5564744
    0
    Beds
    0
    Baths
    0
    ½ Baths
    0.95
    Acres
    3,788
    SQFT
    $172
    $/SQFT
    1960
    Built
    Neighborhood:
    Frostproof
    County:
    Polk
    Area:
    Frostproof
    Property Description
    Excellent Location with One Acre land and more than 200 feet frontage. It has 4 dispensers with 2 Fueling pumps on each side that makes 8 pumps. Monthly Sales and Expenses Summary: 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 . So the value of the store only is $164,000.00. Owner put new tanks abou 4 years ago and the store gas volume can go up by building a Truckers Fueling Pad facility at the back of the store. The diesel tank is already there in the front. Just need to build pads at the back of the store and connect the (Pipes)plumbing. Owner also replaced tanks less than 4 years ago and he spent $230,000.00. Lots of spanish speaking customers surronding that area but the current owner has not monopolized that market bu introducing spanish foods. Huge Huge potential for the new buyer.
    Exterior Features

    Water Access Yn No Water Extras Yn No Waterfront Feet Total 0 Waterfront Yn No

    Property Features

    Additional Parcels Yn No Business Type Food & BeverageGas StationRetail Flood Zone Code Xno Net Operating Income 98340 New Construction Yn No Property Condition Completed Property Sub Type Retail Special Listing Conditions None Tax Annual Amount 4148 Tax Year 2017 Total Num Buildings 1 Zoning Rc


    Listing information © 2018 Florida Regional MLS.
    Listing provided courtesy of Metro Florida Realty.



    © 2018 My Florida Regional Multiple Listing Service, Inc. All rights reserved. All listings displayed pursuant to IDX. All listing information is deemed reliable but not guaranteed and should be independently verified through personal inspection by appropriate professionals. Listings displayed on this website may be subject to prior sale or removal from sale; availability of any listing should always be independently verified. Listing information is provided for consumers personal, non-commercial use, solely to identify potential properties for potential purchase; all other use is strictly prohibited and may violate relevant federal and state law. Data last updated 2018-12-10T23:40:32.95.
     
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