Retail - Gasoline Service Stations | Services - Auto Repair, Parts & Svcs

Asking Price	$399,500	Inventory	tbd**
Gross Income	$4,843,000	Real Estate
Cash Flow	$181,500	Year Established	1959
FF&E	$20,000*	Employees	5 f/t & 3 p/t

* included in the asking price

** not included in the asking price

Price dramatically reduced...Deal of a Lifetime!!

MAJOR ADDITIONAL PRICE REDUCTION AS THE OWNER NEEDS TO RELOCATE!!! THIS IS THE "FINAL" PRICE REDUCTION ON THIS LISTING. THE ORIGINAL PRICE HAS BEEN REDUCED BY $75,000.00 TO THE CURRENT LEVEL. GET THIS ONE WHILE YOU CAN...WILL GO FAST!!!! If you are a prospective Gas Station Buyer with any background or experience with "auto service & repairs", then THIS GAS STATION is the "OPPORTUNITY" that you have been looking for. This business, located in a busy metropolitan area, is a nearly 50 YEAR OLD "BALTIMORE LANDMARK". Operated by two generations of the same family, the reputation of this business and its huge and loyal customer base assure continued "success" to the new owner. It is very RARE that a station like this comes along with the level of CASH FLOW that this business' owners enjoy. Lack of gas station repair competition as well as this business' busy metropolitan location have created a long-term business success story. Fuel Sales Volume is very strong. This station averages 120,000 gallons per month in GASOLINE sales with a 14 cent per gallon margin. This business also sells DIESEL fuel with an average of 13,000 gallons per month in sales with a margin of a whopping 40 cents per gallon. The nearest competitor selling diesel fuel is 10+ blocks away. The CONVENIENCE STORE'S sales volume is $60,000.00+ per month with a mix of business including: Lottery, Tobacco, Beverages, Food & Snacks. The REPAIR FACILITY'S volume(with typically only 2 mechanics working at a time on-site) is $23,000.00+ per month from the sale of parts and labor. The station's ATM and AIR/VAC services add another $1,300.00+ per month in revenues.

Facilities: This is a very attractive gas station, and it offers the savvy buyer a "turn-key" business opportunity. The facilities have been maintained on an up-to-date basis. The property is substantial allowing for considerable, on-site customer parking. This large space will also allow the new owner to consider other revenue producing opportunities such as a car wash, U-Haul rentals, etc.. The building has a very nice 900 square foot convenience store as well as 3, fully-equipped repair bays each with its own lift. The lease is at a rate of $12,400.00.

Competition: This business is located on one of Baltimore City's most heavily traveled roads. It is well supported by many businesses and residential housing units in the area. This is the "ONLY" BRAND NAME GAS STATION FACILITY providing COMPLETE AUTO REPAIR SERVICES within a 10 MILE RADIUS. This is a RARE business opportunity for the smart buyer who is looking for an already successful business without the encroachment of competitors.

Growth/Expansion: One of the 3 repair bays could be converted into additional or alternative convenience store space. Also, service hours could be extended to include Saturdays and/or Sundays. Repairs are currently provided on a weekdays-only basis. Also, the addition of 1 or more mechanics could also help to grow both the top as well as bottom-line revenues on this station.

Financing: No Owner Financing Available

Support/Training: The owners will provide on-site training and support for up to 30 days after the sale at no cost to the buyer.

Reason Selling: The owners face a very grueling daily commute and wish to work closer to home.