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gas stations

why are gas stations with great cash flow selling so cheap

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I have a Chevron gas station in Mount Dora, FL. 6000sf store with 22 door walk in cooler. Huge store with full deli that current owners are not using. Very good potential for turnside business. No check cashing.
60k inside sales and 55k gallons per month. 5mpds with diesel. Business is for sale. Very good deal in growing area. Next to brand new publix shopping center and housing complex. If interested please call 321-689-4075. Thank You

Dec 29, 2010
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The BAF Group LLC
MD

Six years ago, I sold more Gas Stations than most other Brokers, in Maryland. Now, I have made the intentional decision not to represent but an extremely few Sellers because of how the business has changed - for the worse! At least in Maryland. There are a ton of reasons, not the least of which is the fact that margins are very slim, but prices are way up! That puts more and more pressure on the Dealer. Moreover, the big oil companies would rather sell to just f few, multi-station operators, rather than dealing a lot of little guys. There is a tremendous amount of pressure on the Dealers to get out.

This is not everywhere; but it certainly is a business I would look at in a very critical way.

Dec 27, 2010
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Be sure to closely review payroll hours and make sure that you are not buying a business that has several family members working off the clock. Some of these places are money makers and other may work you to death with little return. I reviewed one that had 3 family members that worked a total of around 200 hours a week not on payroll and it all went as cash flow to owner! Drop in at random times and see how many employees are working and compare that to the reported payroll. Three important things (among many) are verify, verify, verify!!

Dec 27, 2010

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