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Gas Station & C Store - Work A Little Earn A Lot
Location Maryland,United States
Asking Price Range $250K - $500K
Gross Revenues $5860456
Net Profit / Cash Flow $133806
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 This thriving Gas Station with Convenience Store requires relatively little of the owners time. He spends not more than an hour or two on days that he visits, to take care of business and reconcile the financials. This is a chance to earn more per limited hours invested than a senior partner in a downtown law firm, without much aggravation or the need to wear your $2000 suits to work every day. The business is open 24 hours per day, seven days per week. It is managed by hourly employees. Location is a busy corner in the Morrell Park neighborhood of southwest Baltimore at a major intersection of boulevards and three avenues. Population is 76,000 with 32,000 households in the zip code. Neighbors are marine terminals, freight rail yards, national monuments and parks, Federal Hill, Inner Harbor, and professional sports stadiums. The area is popular with local residents and people who commute to Washington, DC because it is convenient to both I-95 and the Baltimore-Washington Parkway. Access to the station could not be easier. The layout on the three quarter acre lot gives plenty of room to maneuver big vehicles to any of the five islands, with kerosene, air, and vacuum stations located on the other side. At five pumps and ten dispensers you will sell 115,000 to 145,000 gallons per month at 19 cents pool margin after credit card fees. There are four 10,000 gallon tanks for gas and diesel and one 8,000 gallon tank for kerosene. The business owner is responsible for hoses and handles on the outside, and for the few items of inside equipment not owned by beverage vendors. The landlord who is also the supplier responds quickly to all maintenance and repair requirements to keep the business running smoothly
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