Branded Gas Station, C-Store & 2 Franchises
Location Maryland,United States
Asking Price Range $500K - $1.0M
Gross Revenues $8000000
Net Profit / Cash Flow $350000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Not Disclosed
Year Established 1993
Number of Employees 4 - 5
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Description Branded high volume Gas Station w/ C-Store & 2 Franchises, Deli & Pizza. Just off US I-70 in West, MD. NO LENGHTY OIL COMPANY APPROVAL PROCESS OR SCHOOL NEEDED TO QUAILIFY! VERY PROFITABLE. Very profitable! 180 - 190 GPM, 220-230 Peak in Summer Months-Profits from Gas are split 50/50 with Oil Co, seller is currently adveraging $13-14,000/mo, $75,000/mo C-Store.
Asking Price $900,000.
Revenues $8,000,000.
Cash Flow $350,000.
Lease $11,081/mo 3years renews automatic (MPA).
Lease Notes Lease renews automatic every 3yrs, controlled by Maryland Petroleum Act (MPA).
Reason for Selling Moving.
Entity S Corp.
Number of Employees 8 - 5FT 3PT.
Payroll $10,000.
Payroll Notes Employees are paid $7-9 per/hr 2 Owners pays self $2500/wk each--not reflected in payroll.
Licenses Yes-Business.
Parking Ample.
Hours 24/7.
Building Size 3,000 sq ft.
Utilities $4,000/mo.
Equipment See List.
Inventory Approx $65,000 - final count will be made and paid for at closing.
Comments Near major Outlet Shopping Mall, this business offers one stop shopping for Gas, Snacks, Great Franchised Deli Sandwiches & Pizza.
Lead Source Good Financials to support price!
Private Broker Comments Deli requires $5,000 transfer fee and 1-week of school, $1,500 if exising franchisor, no school required. Royalties 9% of sales per/mo.Pizza franchise does not require an up front fee however purchases must be made thur distributor, pizza come pre-made.
Contact for more information on this Branded Gas Station, Convenience Store & Franchise business for sale.
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