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Owner is selling this “money making machine” because of health and other business interests. Only serious buyers with Cash-at-Hand will be considered.Business Highlights are:$4.2M in sales with High profit margins.•Annual lottery commission: $85,000.00 •Annual Store, Beer, Wine AND Liquor sales (Excluding Gas) : $ 600,000.00 •Great Location: intersection of major high way•Gas, Beer, Wine, Liquor, Lottery, and much more•100 % unbranded and independent gas: pool margin over 30cents per gallons•Best possible gas supply contract: Lowest 2nd unbranded rack plus one cent per gallon•High volume of diesel: that brings pool margin over 30 cents per gallons.•space to add inventory and increase gross profit•Very strong local customer base: increasing sales and gross profit.•Gas avg Volume average monthly: 42,000 gallons @30c per gallon.•Store inside sales average monthly: 50k pm @30% margin•Rent: $8,000/Month NNN•Absentee operation – 4 employees operating store from 530am to 830pm 7 days a week.•Inventory will vary & will be calculated at closing. Inventory is estimated to be approximately $90,000 in gas plus store contents.
This automotive repair shop has roots that stretch back 60 years and has a loyal customer base to prove it!The business is turn-key ready for a buyer with a strong automotive background. Currently, it supports 5 bays, 6 lifts, and 3 mechanics that will be sticking around through the sale.It provides all standard automotive repair and mechanic services for most American and Japanese-made vehicles.But the key selling point is that it sits on 1.3 acres of land zoned for automotive on a busy 4-lane road that leads traffic directly to and from the Naval Air Station Patuxent River.And the price DOES include the real estate!
The $1.5 Million in capital equipment investment is relatively new, and in excellent condition. Their Installation & Service teams (of 10 people) are well experienced and they are expected to stay with a new owner. The present location is in the middle of their market area in Southern Maryland and about 25 minuets from their Northern Virginia market area. The rent is $3,000 per month and consists of a large facility with two large buildings. The repair shop can handle two trucks. There is room for more than 35 large vechicals and equipment.Included in the $1.5 Million in Capital Equipment are five Dump Trucks of which four are insulated to keep the Asphalt Hot. There are 3 Rollers and 2 paving machines, 4 trailers, and 2 tractors to get the equipment to the job sites. They have 2 web sites that help find them much of their business. A lot of their business comes from referrals.
Waterfront restaurant with liquor license. Seats 40 inside 40 outside. Catering on premise - weddings, two rental income homes on property. Fantastic water views. Accessible by boat. Two piers. Please ask for executive summary.
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Asking Price: $785,000
