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1220 1st St W, Bradenton
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.
- MLS® #T3116444
- Square Footage3,200
- Year Built2014
- CoolingCentral Air
- Days on Market290
- Address1220 1st St W
- AreaBradenton/Braden River
- CountyManatee County
- Zip Code34208
- Lot Description1/2 Acre to 1 Acre
- Listing Office:Young Commercial Investment
Listing information courtesy of Young Commercial Investment.
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Listing data comes from My Florida Regional MLS.
Listing information last updated on April 18th, 2019 at 11:15am EDT.