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Businesses For Sale   >>   Prince George Businesses For Sale   

Gas Station With Property Owner Financing

Location  Prince George's County, Maryland, United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $0
Net Profit / Cash Flow  $0
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2000
Number of Employees  4 - 5
Relocatable  Not Disclosed
Number of Employees  4 - 5
Real Estate  Owned

Description  
Very profitable branded gas station and convenience store for sale with land. Well managed by owner who will cooperate for smooth transition & will help with financing. Located in good & growing part of P.G. County. Possibility to add car wash in the future. Owner is absentee. Owner financing with low interest rate available. Price: $2.3mm. Lot size: 30,287 SF Land assessment value: $911,000 Current Ownership: Since yr. 2000. Gross Sales: c-store: $35,000-$45,000/mo. Other Income: Gas: $18,200/mo. NET (130,000/mo. gallons x 14 cents/gallon margin) Lottery: $10,120/mo. NET ATM: $900/mo. NET Phone: $100/mo. NET Vacuum Cleaner: $300/mo. NET Cigarette Display: $200/mo. NET Soda Company Rebates: $190/mo. NET Other Income Total: $30,010/mo. Total Gross Income: $75,010/mo. Expenses: Payroll: $8,160/mo. (34 hrs. x 8 x 30) COGS: at 70% is $31,500 (c-store) Electricity: $2,000/mo. Water: $100/mo. Phone: $100/mo. Credit Card Fees: $4,000/mo. Advertisement by Sunoco $650, tank insur.$65, bldg. Insur.$150, trash $180, Real Estate Taxes: $982/mo. Accounting: $200/mo. Maintenance $333 Royalty Fee: at 4% is $1,200/mo. (based on only $30,000 out of $45,000 worth of c-store sales excluding cigarettes, phone cards, minor novelty items) Total Expenses: $49,620/mo. Estimated Cash Flow: $25,390/mo. This is a great area to add check cashing, liquor store cross street is doing $500,000 A year, the deli can be reopened within the store. Car wash will do fantastic, the one behind this station is doing $120,000 a month.


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