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Branded Gas Station - Right Place, Right Price
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $3716700
Net Profit / Cash Flow $61533
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1973
Number of Employees 1 - 3
Relocatable Not Disclosed
Number of Employees 1 - 3
Real Estate Leased
Training Seller will train
Reason for Sale Personal
Description Branded gas station with large convenience store is priced at a discount to the market for quick sale! Business is located on a busy suburban corner with high visibility, in a community where 80 percent of the people drive to work, on the right side of the road to catch some of the thousands of morning commuters before they take the on ramp to both directions of the Baltimore Beltway. Access is easy, and parking is ample. The business is currently absentee owned, managed by hourly employees, and the numbers show it. This station has a large convenience store that is not fully utilized. Here are excellent opportunities for an Active Operator to generate substantial growth in net profits. Store was converted to C-Store from a three service bay operation. Currently sells an average 70 thousand gallons (range 67-75) at a pool margin of 13 cents. In addition, the new owner should continue to earn steady gas supplier rebates of minimum 3 cents per gallon on the full volume sold off a very low base for the remaining 12 years of the supply agreement. Inside revenues now average $25,000 per month. An active Onsite Operator should easily be able to sell 100,000 gallons monthly with $45,000 inside sales, and net profit would increase by more than 2X. Offer breakfast, lunches and other short order take away items to grow the business and firm up the customer base. Monthly MD Lottery commissions are now $2700. The large comfortable space accommodates growth of that business too. The price is right and the potential is here!
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