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Branded Gas Station & C-Store-No Competition

On SR 422, Ohio (Geauga County)

Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price $660,000 Inventory At Cost at Sale** 
Gross Income Not Disclosed Real Estate $790,000** 
Cash Flow Not Disclosed Year Established 2002
FF&E included* Employees Varies

* included in the asking price

** not included in the asking price

This Branded Gas Station and C-Store is unique in that it has no competition in the the rural area in which it is located. Services offered include Self-Service Gas, Diesel and Kerosene, Convenience Store Items, Sub-Sandwiches and Pizza (made on the Premises), beer, cigarettes, soda, coffee and Ohio Lottery. Gas averages 70,000 gallons per month with a pull margin of $0.17. Inside sales in 2008 averaged $120,000 not including lottery and gas. The Business is growing, as in July, 2009, inside sales hit $176,000 not including Lottery and gas. NET OPERATING INCOME IS OVER $200,000. THE BUSINESS IS OFFERED FOR SALE AT $660,000, not including inventory and gas in the ground at cost upon closing. The monthly lease is set at $4,500 NNN. There is an option to purchase the real estate for $790,000. This BUSINESS SALE IS AN UNUSUALLY GOOD OPPORTUNITY . The information presented was from sources demed reliable, but the prospective buyer should do its own due diligence. D. Green and Associates, Inc. is a licensed Ohio real estate broker and represents the sellers of the business and the real estate. A Non-Disclosure/Confidentiality Agreement is required. For it, and for further information contact Diane Green at 440-449-0635 or by e-mail dgreens2@aol.com.

Facilities: This Branded Gas Station and C-Store is without competition in its area. The business is for sale with a lease of $4,500/month NNN. There is an option to buy the property. The lot is 0.27 acres with a sizable building that has been extended. Extra parking is adjacent to the store on a public parcel dedicated to the area. There are two 10,000 gallon fiberglass gas tanks; One 10,000 gallon fiberglass diesel tank; and one 2,000 kerosene tank. The station opened on March 1, 2002. Hours of operation are 5:00 AM to Midnight, Seven Days Per Week.

Competition: There is no competition in the area. The station is on a heavy traffic State Route (422) and is at the intersection of another heavily travelled State Route. However, the prospective buyer will have to do its own due diligence to verify the competition/market pros and cons.

Growth/Expansion: The prospective buyer will have to determine the growth and expansion pros and cons through its own due diligence.

Financing: None

Support/Training: Negotiable

Reason Selling: Owner retiring

Business For Sale By

DianeGreen

440-449-0635

D. Green and Associates, Inc.

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