Gas Station & Conv. Store - Upscale Area
Location Maryland,United States
Asking Price Range $250K - $500K
Gross Revenues $2200000
Net Profit / Cash Flow $110000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1990
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description A well established Gas Station / Convenience Store located in a upscale area of Anne Arundle Co. This location also has three working service bays w/ full lifts and a fully trained mechanic staff that has been with the current owner for years. The Convienence store can easily be expanded upon by building out on the availabe square. footage. This location runs off a .08 margin in gas sales . Monthly Average Gas Sales is 80,000. Makes good profit off his Premium Gas Sales. Based on the Gas sales, this location is able to hit rebate targets each month.
Asking Price $300,000.
Revenues $2,200,000.
Cash Flow $110,000.
Asking Price Notes Seller is asking $300,000 plus Inventory.
Revenue Notes This business has been been consistently doing $1,800,000 to $2,200,000 is gross sales over the past few years.
Profit Notes The two owners are taking out $110,000 / yr. Most of the profits are in the Mechanic bays as well as the Conv. Store . There is definitely expansion opportunities w/ the CS.
Lease Rent is $6,365/mnth. w/ one yr. left and a 3yr. option w/ the Oil Company.
Lease Notes Oil Company offer 3 yr leases.
Reason for Selling Owners have other business interests / retirement.
Entity LLC.
Number of Employees 2 mech. have been w/ the owner for 4yrs. 1 Service Mgr. owner.
Payroll The 2 Mechanics are paid 35% of labor, while the Manager is paid $400/wk. plus 3.5% gross profit.
Parking There is plenty of parking available for customers cars.
Utilities Utilities run approx. $500/mnth Water bill $190/mth.
Equipment Equipment will convey w/ the sell of the business.
Inventory Inventory runs approx. $25,000.
Contact for more information on this Gas Station & Convenience Store business for sale.
Click Here To Contact Seller
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