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Gas Station, Grocery Store & More

Lafayette, Ohio (Allen County)

Retail - Gasoline Service Stations | Retail - Supermarkets

Asking Price $375,000 Inventory $40,000* 
Gross Income $1,500,000 Real Estate $375,000* 
Cash Flow $150,000 Year Established 1968
FF&E $60,000* Employees 3 ft

* included in the asking price

** not included in the asking price

Great Opportunity! Many amenities come with this established and much needed community Marathon gas station, local grocery store, & post office. Site is approx. 3 acreas with ample parking & is located in Lafayette, just outside of Lima, OH. Gas, Coffee, Beer, Ice & full service grocery store provide for it's local population & seasonal campers as well. Owner is cash strapped. With capital to revive & increase sales this long established business will HUMMM . Property is included!

Facilities: This gas station and community grocery store sits on 3 acres, with 100 spaces for parking. The gas station (Marathon) has covered pump area. Grocery store has total of 8000 sq ft which includes storage warehouse. There is a postal office with 300 PO boxes that generates $1,100/mo. This is a complete grocery store, with freezers, butcher on duty, all equipment. A beer license is included. He rents movies and has a vending area for coffee/cappuccino & the like.

Competition: Business is located just outside of Lima,Oh (pop. 80,000) in a small town. There are no other grocery stores or gas stations within 6 miles. There are several camp grounds nearby which generated business in the summer & fall. A new camp ground is to open soon which will impact the business.

Growth/Expansion: Due to insufficient capital needed for inventory, sales have fallen. Store was generating $1,500,000 in sales. A new owner with sufficient capital could buy more inventory & gas at negotiated discounted prices. Store is selling over 24,000 gallons/mo & this could easily increase. When fully stocked this store has a history of generating + $2,500,000/yr. The local community Depends on this store for needed items.

Support/Training: Will train for period of one month & if owner desires, will continue to work or manage store for a negotiated salary

Reason Selling: Owner has other business interests

Business For Sale By

Tom Holmes

937-360-3650

Lazarus Financial Group

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