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Gas Station & Convenience Store For Sale
Location Maryland,United States
Asking Price Range < $250K
Gross Revenues $437160
Net Profit / Cash Flow $98126
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 2010
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 This branded station with large convenience store and established truck rental business is located a stones throw from the major highways connecting Annapolis to Washington and Baltimore, adjacent to town center development. Annapolis is the gateway to the Chesapeake Bay, a major draw for cultural, outdoor, and historical activities. Although the town is 350 years old it is full of active people on the move and is still undergoing development. The business sells 115,000 gallons gas and diesel monthly on commission. The supplier pays all of the credit card fees inside and out. The new owner can continue that arrangement (which the seller wanted) or pay DTW, price the gas, and pay the card fees. Convenience store grosses $25,000 monthly, which can be improved. Of that amount 45 percent is cigarettes at 13 cents margin. Combined margin is 31 cents. Owner built a national brand truck rental business at the site, and has made the company Top 100 List. Monthly truck rental commissions range from $6000 low to almost $10000 in the busiest months. The rental company generates the business. There is plenty of parking in back of the three quarter acre lot for the trucks. There is room inside for the new owner to add a fast food business to give customers more choices and add to revenues and profits. A working owner who is not lazy can make a great living running this business.
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