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Gas Station with convenience Store, Quick Serve Restaurant & 3 Service Bays

 - Laurel, Maryland - 

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Gas Station with convenience Store, Quick Serve Restaurant & 3 Service Bays
Listing ID:  20619
Asking Price: $950,000 Status: Active
Business Type: Retail  /  Gas Station
Retail  /  Convenience, Grocery Store
Reference #: 3046
Business Location: Laurel, Maryland Broker Coop: No
Anne Arundel County
Annual Income Information
Labor Information
Gross Sales: $11,042,290 Full-Time Employee:
Cash Flow: Part-Time Employee: 13
Business Detail Information
Lease Information
Form of Ownership: Corporation Leased SqFt:
Year Established: 1984 Rent /Month (Include NNN): $12,900
Accounting Info(years): Lease Exp.Date: 12/31/2012
Franchise: Original Lease (# of yrs):
Liquor License: Lease Left (# of yrs): 3
Seating Available(#): Lease Option (# of yrs):
Parking Space(#): Lease Renewable: Yes
Hours of Operation: 24/7 Lease Transferable:
Reason For Sale: After 25 years the dealer is pursuing other interests. Rent Increase:
Seller Training Available: Yes   (2 Weeks.)
Price Description
Financial Information
Real Estate Included: No Seller Cash Out:
Real Estate Value: Seller Financing Available: Yes
Fixture & Equipment Included: Yes Seller Financing Amount: $350,000
Fixture & Equipment Value: Seller Financing Term(years): 5yrs
Inventory Included: No Annual Interest Rate: 8%
Inventory Value: Min. Down Requested: $600,000
Business Description
Gasoline Station, Convenience Store, Quick Serve Restaurant & 3 Service Bays, in an excellent location in Prince Gorges County. Volume averages 300K gallons per month at 16 - 18 cents per gallon pool margin. The store sold 360K gallons in November. Store sales average $90K per month, the quick serve restaurant $8K per month, and the bays $12K - $15K per month. The net profit averages $30K per month. Persons interested in this location must have service station experience and be financially qualified. Seller will require collateral for financing.





Note: Property is not for sale.





For additional information, contact Rocky Gaut at 301-572-6000 ext. 311 or by email at Rgaut@ciworldwide.com





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