CITGO Gas Stations for Sale in Florida
CITGO is a refiner and marketer that does not operate retail sites at all. Every CITGO-branded site in the country is owned and run by an independent — a fact the company states plainly and one that shapes everything about buying one. There is no corporate store network, no company-operated comparables, and no possibility of the brand competing with its own dealers on a corner.
For a buyer that means the entire population of CITGO sites is, in principle, acquirable, and that the seller across the table is almost always an owner-operator rather than a corporate disposition team. The transactions look different as a result: more relationship, less process, and considerably more of the value sitting in how well the store has been run.
CITGO is a trademark of its owner. STAX Real Estate is an independent brokerage and is not affiliated with, endorsed by, or acting as an agent of CITGO.
CITGO Inventory
No CITGO site is publicly listed with us at this moment. Inventory turns over, and a large share of what we transact never reaches a public marketplace at all — owners are reluctant to signal an exit to staff, suppliers and competitors. Tell us what you are looking for and we will work it directly.
1 CITGO opportunity not listed publicly
Confidential inventory released under NDA. These never appear on LoopNet, Crexi or BizBuySell.
See Off-Market OpportunitiesWhat Matters When You Buy a CITGO
An all-independent network changes the seller
You are buying from an operator, usually one who has run the site personally for years. That means the numbers are real but often informally kept, the goodwill is genuinely transferable only if the transition is handled well, and the diligence burden falls on reconstructing what the business actually earns rather than reading a corporate package.
Positioned to compete on price
CITGO generally sits in the value half of the street price band, which suits high-frequency, price-sensitive corridors — a very common Florida profile on aging arterials and in dense urban submarkets. Underwrite the site as a volume-and-basket business rather than a margin-per-gallon business, because that is what it is.
The marketer sets your economics
Supply reaches CITGO sites through independent branded marketers, so delivered cost, credit terms, image obligations and consent to assign all come from that marketer. Which marketer holds the territory is therefore a first-order question about the deal, and the answer should be in hand before you price the gallons.
How a branded fuel site actually works
Three assets, one price
Real estate, an operating business, and a fuel supply agreement. The first two get underwritten by almost every buyer; the third decides your cost of goods and your required capital, and it is the one most often read last.
The brand is licensed, not leased
The refiner does not operate the store or pay you rent. An independent operator or a branded wholesaler holds the rights and supplies the site, so ask who the supplier is and what term is left before you form a view on value.
PMPA sits underneath
The federal Petroleum Marketing Practices Act governs how a supplier may terminate or decline to renew a franchised dealer relationship. Useful protection, and not a substitute for reading the agreement you are inheriting.
Where Florida fuel sites trade
Florida is not one market. The same CITGO site economics produce very different values in a bridge-constrained Pinellas corridor and an entitlement-constrained Miami-Dade one. Each market page covers what actually drives volume there.
CITGO FAQ
Does CITGO own the sites that carry its brand?
No. CITGO refines and markets fuel; the sites are owned and operated by independent businesspeople under branded supply agreements. That is why there is no corporate portfolio of CITGO sites coming to market, and why virtually every CITGO transaction is a private sale between an owner-operator and a buyer — which is precisely the kind of deal that tends to move off-market.
How do I value a CITGO station?
On what the business earns and what the corner is worth. An owner-operated site sold with the real estate generally trades on an EBITDA multiple, roughly 7x to 9x in a prime Florida market; a leased site prices on a cap rate. With an independent seller, expect to spend real work normalizing the financials — owner compensation, family labor and personal expenses routinely sit inside the reported numbers.
Is brand risk something to worry about?
Underwrite the supply agreement and the site, not the headlines. Your obligations, your cost of product and your image requirements are set by the agreement with your branded marketer and by the remaining term on it. If a brand position ever became untenable, the practical remedy is the same one every independent has: convert to another brand or unbrand, at a knowable image cost.
Buying or selling a CITGO site?
250+ properties sold and leased, $525M+ in volume, by a broker who ran a dozen locations as CEO before ever writing a listing agreement. Tell us what you're trying to accomplish.