Gas Station, C-Store and Car Wash in Baltimore, MD

Baltimore, MD
Baltimore County

Asking Price: Annual Revenue:
$200,000 Not Disclosed

Automotive & Boats: Gas Stations

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RE: Gas Station, C-Store and Car Wash in Baltimore, MD Broker: Syed Ali Raza

Quick Facts

Asking Price: $200,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: $7,700
Real Estate: Not Disclosed
Year Established: 1991
Employees: 4
BBN Listing #: 307332377
Broker Reference #: HZ483SAR

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Business Overview:

Great opportunity to own a well-known gas station that is part of a nationally recognized brand. The business has been established for approximately 30 years and is situated just off a major thoroughfare in Baltimore, Maryland. There are 12 covered gasoline pumps and 2 diesel pumps along with a convenience store and car wash. The business is ideally located in a high density area surrounded by a large number of commercial establishments and residential centers in very close proximity to the station.

The station pumps roughly 50K gallons of gas each month. The convenience store generates roughly $25-30K in monthly revenue and the car wash brings in around $3500 a month on average. In addition to the primary sources of revenue mentioned above, there is also ancillary revenue from an ATM, lottery sales, and an air hose/vaccum machine.

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Property Features and Assets:

The gas station is situated on a prime corner location off a major thoroughfare and is leased for $11K/month. There are 12 gas pumps/2 diesel pumps, a convenience store, and car wash that comprise the operation. The business is located in close proximity to BWI Airport near 695.

Market Competition and Expansion:

Competition: There is standard competition for the industry and market. There is another nationally known gas station on the other side of the street and a few other convenience stores nearby which do not sell gas. Growth & Expansion: There are several ways the next owner could grow and expand the business. There is room to grow the convenience store side of the business, offer truck/van rentals, partnering with food trucks, and expand the hours of operation.

Reason for Selling:

Owner lives too far away from business.

Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is a franchise resale opportunity.

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