High volume gas station/convenience/service station

Montgomery Village, MD (Montgomery County)

High volume gas station/convenience/service station

Asking Price: $329,900

Gross Income: N/A

Cash Flow: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Employees: N/A

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Business Description

Longstanding Branded Shell Station with 8 fuel pumps that electronically operate 24 hours per day. The owners recently were approved for a management agreement with the supplier which generates daily income and alleviates the cash flow burden of managing fuel inventory & levels. With management agreement in place with the supplier, this station is typically cheaper than competitors to drive traffic to the convenience and repair bays. As a state inspection center, the 3 car repair bay service station & convenience store provides for a highly profitable business. Additional streams of revenue include lottery, western union, vacuum, air, & ATM. Plenty of room for revenue growth!

Detailed Information

Facilities:
Extremely high traffic count at lighted intersection location with the first entrance into the Shopping Center. Center is anchored by McDonalds, The Dollar Tree, Subway, Denny's, Bank of America & Suntrust Bank. Real Estate is owned by the supplier whom will write a new lease for the buyer.
Competition:
Lighted intersection with high traffic count ... Entrance is directly off of shopping center entrance for high visibility ... Service Station and convenience store are longstanding and well known in the community. Fuel pumps are electronically operated 24 hours per day.
Growth & Expansion:
Increase Hours. Lottery recently added.
Support & Training:
Seller will provide off site training for 30 days
Reason for Selling:
Owner accepted international contract and can no longer oversee business
Business Website:
http://www.crelisting.net/UkB4xJs3A

Listing Statistics for Premium Members

Ad#: 740015

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Adam Meissner

Business Listed By:
Adam Meissner

DBM Real Estate Group LLC

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