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C Store With Real Estate. Sales $1.2 Million. Cash Flow $128K

Frederick County, MD
listing image
Asking Price:$287,717
Gross Revenue:$1,242,970
FF&E:$165,000
Cash Flow:$128,091
Inventory:$50,000
Real Estate:$800,000
Listing ID: 2249095Listing provided by BizBuySell
BUSINESS DESCRIPTION

Established Convenience Store. 70+ Year Location. Unbranded Gas. Rental Income. No Immediate Competition. Loyal Customer Base. The Business is being Offered at the Appraised Value of April 2024. Commercial Parcel. 1.91 Acres. Building 3991 SQ. FT. VC Zoning.

Sales $1.242,970 Million. Cash Flow AFTER Mortgage Debt Service is $128,091. Semi-Absentee Run. Wages of $92,000 include Manager Pay of $32,000. All numbers extracted from most recent Filed Tax Return.

(2) Fuel Dispensers (New). (3) In Ground Double Wrapped Fiberglass Tanks (New). Average Profit for Gas $.35/gallon, Diesel $.49/gallon. Fully Equipped Convenience Store with Upfitted Deli. Hours of Operation: Monday - Saturday 6-8, Sunday 8-8.

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DETAILED INFORMATION
Location
Frederick County, MD
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
3,991
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
The Real Estate was appraised in April 2024. Opinion of Value is $800,000. Total Turn Key Operation.
Competition
No Immediate Completion. Nearest Competitor 9 Miles.
Growth & Expansion
The Deli Hours Could be Expanded. Close at 2 pm Daily. Customers would like to order food later in the day per their requests. Pizza would be a plus for this Country Store. Adding a line of Vape Products Would increase traffic in the store. Check Cashing would be a big plus, as there are no Banks nearby.
Financing
Possible 25 Year Financing. Property More than 50% of the Sale.
Support & Training
Seller will provide thorough training to insure a smooth transition.
Reason for Selling
Retirement.
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Jill Taylor
Tidewater Associates
Phone Number
Jill Taylor
Call Phone