1215 W Palmetto Park Rd Boca Raton, FL 33486

Building Details

Year Built

1965

Listing Agency ALL AMERICAN INVESTMENT REALTY

Listed by Tariq Huss · License #592193

Source Crexi

Added: May 19 Checked: Jul 16 at 3:18 pm

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Investment Insights

Based on property information with market context.

This established vape shop and convenience store is located inside of a Dunkin Donut. The business has been operating for over 10 years and is situated close to three schools, a hospital, and a residential area. A significant portion of sales, approximately 60 percent, comes from high-profit vape products with substantial markups. The grocery margin is approximately 35 percent. There is potential to improve sales by adding a kitchen, cigar section, slushy machine, and mobile phone services. The rent is $4,800, which includes sales tax, real estate tax, CAM charges, water/trash, electricity, and building insurance. Note that the Dunkin Donut is not included in the sale.

Key Highlights

• Established business (10+ years) with existing customer base
• High profit margins on vape products with 100% markup
• Prime location near schools, hospital, and residential area

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FAQs

What type of property is this?

Grocery and convenience store - Established vape and convenience store inside a Dunkin Donut.

Where is this grocery and convenience store located?

The property is located at 1215 W Palmetto Park Rd Boca Raton, FL.

What is the asking price?

The asking price for this property is $349,000.

What are key features of this property?

This property features: Established business (10+ years) with existing customer base; High profit margins on vape products with **100% markup**; Prime location near schools, hospital, and residential area