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Unbranded Gas Station and C-Store, High Volume; No Gas Contract

Northeast Ohio, Ohio (Cuyahoga County)

Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price $1,700,000 Inventory At Cost** 
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established 2004
FF&E Included* Employees varies

* included in the asking price

** not included in the asking price

This new station and convenience store does an average of $100,000 per month in the store without a beer or wine license and not including Ohio Lottery sales. The store features cigarettes, Ohio Lottery, cold drinks and good selection of convenience items. In addition, an on-site kitchen provides food service offering deli, hot sandwiches, french fries, and chicken. Gas and diesel sales average 100,000 gallons per month. There is no gas contract, allowing flexibility for the new buyer to maximize profits through selective gas purchases. The station and store are open 24 hours daily. The owner is willing to take back paper to help with the down payment for the financing of the the real estate which is included in the $1,700,000 sale price for the business and real estate. D. Green and Associates, Inc. is a licensed Ohio real estate broker and represents the seller. The information provided was from sources deemed reliable; but the prospective buyer should provide its own due diligence. A Non-Disclosure/Confidentiality Agreement on D. Green and Associates, Inc.'s Form is required for further detailed information. This Form may be obtained by requesting it by e-mail (dgreens2@aol.com); by phone (440)449-0635 or by fax (440)646-9732.

Facilities: This Gas Station and Convenience Store is less than 4 years old. There are 4 fiberglass reinforced plastic tanks: 15,000 gallons gas; 8,000 gallons diesel; 6,000 gallons diesel and 2,000 gallons keresene. The property is 1.06 acres with a 3,616 square foot building. The size of the property encourages trucks to use the diesel fuel pumps. There is a kitchen on premises.

Competition: The station is on a very busy, heavily travelled urban street serving residential, commercial and industrial properties. The station is the newest and most attractive in the area, but the prospective buyer will have to determine competitive/market pros and cons through its own due diligence.

Growth/Expansion: The prospective buyer should examine the posibility of obtaining a beer and wine license which might help to increase the already excellent monthly gross sales in the store; in addition, there is a take out window that has not yet been used allowing for drive up food service; however, the prospective buyer will have to determine license availability and the growth and expansion pros and cons through its own due diligence.

Financing: Owner will take back paper to help with real estate downpayment

Support/Training: Negotiable

Reason Selling: Owner retiring

AD # 388372

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