American Dream Right Here - 21615

Financing

$295,000 Down and

Business Description

This high profile branded gas station with three service bays is offered at discounted price for quick sale due to the owners health issues. For many years this business has enjoyed a strategic location on the Golden Mile, the main road in the commercial center of the fastest growing metro area in MD, near the intersection of Routes 40 and 15 and I-70, only 45 minutes to DC and Baltimore. This business is rocking and rolling all the time. Pumps and dispensers are new. The landlord responds quickly to all maintenance requirements. A direct supplier relationship enables competitive pricing. Station sells 1.2 million gallons of gas per year at pool margin of more than 15 cents. Gas sales volume consistently earns a full rebate of $4000-$5000 per month. The cash rebate has been earned every month for years. The small convenience area sales average $18,000 per month. Cigarettes are less than half the total sales, about 35 percent. The certified mechanic operation bills an average of $45,000 monthly in 3 repair bays @ 50% margin. Credit card fees are low because more than half of the sales are cash. Active marketing campaigns bring in a steady volume of new business. Mechanics are paid based on production. The new owner should expand service shop hours right away to meet demand by staying open longer during the week and all day Saturday. The station is open 24/7, but the repair shop closes at 5:00PM Monday through Friday and at 2:00PM on Saturday. Extending the service hours could grow the high margin shop revenues by 25% immediately. This is an outstanding opportunity to own a well established business and earn a great return on your investment. There will be no owner financing offered. Introductions will be made only after verification of buyers capital. Training will be provided so that the new owner can equal and even surpass the current owners performance, which was built in a career of forty years serving thousands of happy customers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.