Address Witheld, FL 34293 (MLS# D1151348)

Overview

Description

DISTRESS SALE. APPROVED MORTGAGE OF $1.8MIL WITH COLONIAL BANK TAMPA. PROFITABLE HESS GAS STATION IN VENICE, WEST COAST FLORIDA. GROSS PROFIT IS $534K YRLY. OPERATING EXPENSES $195K YRLY. NET OPERATING INCOME (NOI) IS $342K YRLY. TOTAL INVESTMENT LESS THA N $400K. GAS STATION WAS BUILD IN 1990 AND HAVE 2X12,000 GALLONS DOUBLE-WALL FIBERGLASS GAS TANKS WITH NEW PUMPS. CALL "GAS STATION SPECIALIST" FOR DETAIL BROCHURE.

General Property Information

Occupant Type: Owner
Occupied Area: 3400
Year Built: 1998
Parking Total: 8
Additional Business Names: CAR-WASH
Ownership Type: Corporation
Training Available YN: Yes

Property Features

Business Type: Gas Station Electric: 110 Volts; 220 Volts Expenses Include: Accounting/Legal; Electricity; Janitorial Service; Licenses and Permits; Miscellaneous; Other Expenses Included; Payroll; Personal Property Tax; Phone; Real Estate Tax; Repairs and Maintenance; Trash Removal; Utilities/Telephone; Water/Sewer Location of Property: Corner Lot Parking Features: Assigned Possession: Negotiable Sale Includes: Building; Business; Land Special Information: Corporate Owned Special Licenses: Beer/Wine; Occupational; Other Source Of Expenses: Accountant Provided; Owner Provided Construction Materials: CBS Listing Terms: Assumable Road Frontage Type: Interstate Security Features: Security System; Other Showing Requirements: Call Listing Agent

Contract Information

Comp Sale YN: No
Original List Price: 2250000

Location and Legal

Country: United States
County Or Parish: Other
County Parish Name: Other
Street Name: Address Witheld
State Or Province: FL
Postal Code: 34293
Area: 5940 - Other Florida County
Geographic Area: Other
Directions: TAKE 1-75 AND EXIT AT 193 EXIT, GO WEST TO TAMIAMI TRAIL (US-41) SOUTH 2-4 BLOCKS TO GAS STATION.

Financial Information

Tax Annual Amount: 22300
Tax Year: 2005

Status Change Information

Major Change Timestamp: 2007-06-16T03:23:00Z
Major Change Type: Status Change
Status Change Date: 2007-06-18
Under Contract Date: 2007-06-15
Close Date: 2007-06-15
Close Price: 1800000
Buyer Financing: Conventional

More Information

Business Details

Total Employees: 4
Year Established: 10

Income and Expenses

Inc/Exp Statement Period: 2005
Insurance Expense: 16000
Inventory Value: 80000
Net Operating Income: 342300
Total Expenses: 192000
Gross Sales: 0

Originating Details

Originating System Key: 27239253
Originating System ID: M00000151

Currently Not Used

Year Built: 1998

Office/Member Information

DXORIGMLSID: SEF

Electric

110 Volts: Yes
220 Volts: Yes

Loan Details

Assumable Chattel Balance: 0

Parking Features

Assigned: Yes

Location of Property

Corner Lot: Yes

Possession

Negotiable: Yes

Special Information

Corporate Owned: Yes

Business Type

Gas Station: Yes

Sale Includes

Building: Yes
Business: Yes
Land: Yes

Special Licenses

Beer/Wine: Yes
Occupational: Yes
Other: Yes

Construction Materials

CBS: Yes

Listing Terms

Assumable: Yes

Road Frontage Type

Interstate: Yes

Security Features

Security System: Yes
Other: Yes

Expenses Include

Accounting/Legal: Yes
Electricity: Yes
Janitorial Service: Yes
Licenses and Permits: Yes
Miscellaneous: Yes
Other Expenses Included: Yes
Payroll: Yes
Personal Property Tax: Yes
Phone: Yes
Real Estate Tax: Yes
Repairs and Maintenance: Yes
Trash Removal: Yes
Utilities/Telephone: Yes
Water/Sewer: Yes

Hours/Days Of Operation

Open 8+ Hours/Day: Yes
# Of Days Open: 7

Source Of Expenses

Accountant Provided: Yes
Owner Provided: Yes

Showing Requirements

Call Listing Agent: Yes