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Businesses For Sale   >>   Gas Station Businesses For Sale

Gas Station - Break The Chains

Location  Maryland,United States
Asking Price Range  $250K - $500K
Gross Revenues  $3095464
Net Profit / Cash Flow  $39809
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2002
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Leased
Training  Seller Will train
Reason for Sale  Personal

Description  
Great Opportunity to Own and Operate an Independent Gas Station...buy this established business and attractive property. Property is available for purchase direct from the Owner. Be free of any restrictive lease terms, and go full independent when the fuel supply agreement expires in November 2013. This gas station with three service bays is now run completely absentee. And the cash flow reflects that. Owner bought the business in 2000 and bought the property in 2005. Gas volume is 55 thousand gallons per month. Inside sales are 25 thousand. All of the business assets (structures, fixtures, everything) except for the ground underneath are available for purchase direct from the owner. The roof on the building was replaced several years ago. The dispensers and associated equipment (piping, drip pans, seals, and boots) were all replaced last year. Energy efficient lighting just installed reduced utility costs to what is shown. When the fuel supply agreement ends the new owner will have the opportunity to buy gas from any supplier, sell at lower prices and make much higher margins. The business pays only the ground rent at a cost of $2800 per month, with 28 years left on the 30 year term. The owner of the underlying land pays all the property tax. The cost of the ground rent increases 5% only every 5th year. The business owner rents out the 3 service bays to ASE mechanics, at $3300 per month with a built in 5% annual increase. Passive income from bay rent more than pays the ground lease. All the rest is yours. Location is in a mixed residential commercial area, near BWI airport, a few steps from a stop on the Light Rail transit line serving Baltimore and suburbs, close by various businesses, car dealers, parks, and shopping centers. There are no competing independent (non-dealer) mechanic shops nearby. A motivated owner on site selling gas as an independent, continuing to rent the bays, would easily triple the net profit from sale of gas. Running the bays at normal marg


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