Perry Branded Gas Station & C-Store, Taylor County FL

$7.0M

Revenue

$1.8M

SDE

3.3x

Multiple

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Full Editorial Writeup

This is a branded gas station, convenience store, and fast food operation located at a major county highway intersection in Taylor County, Florida, near Perry. The site does roughly $7M in annual revenue, driven by $320,000 in average monthly inside merchandise sales (including a deli and hot food program with better margins than pure retail) plus about 110,000 gallons of fuel per month at a healthy 45 cents per gallon. Additional non-fuel income streams come from lottery, ATM, cigarettes, and various rebates and commissions.

The asking price of $6,000,000 plus roughly $200,000 in inventory includes the real estate: a 4,000 SF building sitting on more than 5 acres, along with six double-sided MPD pumps that dispense diesel. The listing emphasizes low competition in the immediate trade area, which is meaningful for a fuel and convenience site where captive traffic and pricing power drive economics.

The business is positioned for a hands-on owner-operator or family operator, and can be acquired as one of a four-station package owned by the same seller. That optionality is notable for a buyer looking to build regional density. The near-term watch item is the short-term supply agreement, which affects fuel margin durability and needs to be understood before close.

Why we like it

Earnings quality is anchored in essentials: fuel, tobacco, lottery, and hot food are recurring, cash-and-carry purchases that hold up in a downturn. The $320,000 monthly inside sales at higher margins plus 45 cents per gallon on 110,000 gallons gives a diversified profit base rather than reliance on a single line. At $1.8M SDE on $7M revenue, the 26 percent SDE margin is strong for the format.
The moat here is location and scarcity: the site sits at a major county highway intersection with explicitly low local competition. In rural fuel retail, physical position and captive traffic are the durable advantages, and there is little a competitor can do to replicate a corner that already owns the traffic pattern.
The real estate is included: a 4,000 SF building on over 5 acres. Owning the dirt removes landlord and lease-renewal risk, gives collateral for financing, and means the multiple partly reflects a hard asset rather than pure goodwill. Excess acreage also leaves room for future expansion or additional revenue uses.
The four-station package option is a genuine operator advantage. A buyer can start with one, prove the operating model, and roll up the remaining three under the same seller for regional purchasing scale and management leverage. That is a clean path to compounding without hunting for new deals.

How to improve it

Renegotiate or replace the short-term supply agreement before it lapses. Locking in a longer branded or unbranded supply deal with better rack pricing directly protects the 45 cents per gallon margin, which is the single biggest lever on this deal's cash flow.
Expand and systematize the deli and hot food program, which the listing flags as higher margin. Build a repeatable food menu, add breakfast and lunch dayparts, and use bundled meal deals to lift average ticket and pull more inside traffic off the pump.
Optimize the inside merchandise mix and shelf placement toward highest-margin categories. Tighten SKUs on low-turn items, push higher-margin snacks, drinks, and fresh, and use loyalty or basic point-of-sale data to reprice slow movers.
Add or upgrade car wash, propane exchange, or additional ancillary services if the 5-acre footprint allows. Small capital additions on excess land create incremental high-margin revenue streams that leverage the existing traffic without adding staff proportionally.
Install and enforce professional systems for shrink control, cash handling, and fuel reconciliation. Convenience retail bleeds margin through theft and inventory leakage, so tighter controls typically recover meaningful points of profit in the first year.
Evaluate acquiring the remaining three stations in the seller's package once the first is stabilized. Regional density unlocks combined fuel purchasing power, shared management, and a stronger platform valuation on eventual exit.

Diligence notes

Scrutinize the short-term supply agreement in detail: term remaining, rack pricing, volume commitments, and branding obligations. The stated 45 cents per gallon margin may not survive renewal, so model fuel gross profit under both current and market-rate supply scenarios.
Verify the $320,000 monthly inside sales and $1.8M SDE against register Z-tapes, POS reports, lottery and ATM statements, and tax returns. Convenience store SDE is often inflated by owner-favorable adjustments, so confirm the fuel-versus-inside split and true owner add-backs.
Get an independent environmental and tank assessment. Underground storage tanks carry contamination and compliance liability, and a Phase I or II plus tank integrity testing is non-negotiable before closing on the real estate.
Confirm the real estate value and how it is allocated within the $6M price. Order an appraisal on the building and 5-plus acres so you know how much of the multiple is dirt versus operating goodwill, which affects financing and downside protection.
Review lottery, ATM, cigarette rebate, and commission income for sustainability and contract terms. These ancillary streams are meaningful to the profit picture, so confirm they transfer to a new owner and are not tied to the current operator.

Source

Originally listed on BizBuySell. View original listing →