Asking Price:

$890,000

Gross Income:

$3,835,039

Cash Flow:

N/A

FF&E:

Included *

Inventory:

At Cost on Day of Sale **

Real Estate:

Included *

Year Established:

1988

Employees:

varies

Business Types:

Gasoline Service Stations
Convenience Stores

** not included in the asking price

* included in the asking price

Business Description

This Branded Gas Station and Convenience Store sells an average of 70,000 gallons of gas monthly . It has al C-Store selling about $41,000 monthly. The C-Store can be enlarged, if desired. It has a beer and wine license with Sunday Sales. It has Ohio Lottery. There are an additional 3 bays for auto repair which provide additional income. The C-Store can be enlarged by converting the one or more of the bays to retail use, if the prospective buyer desires. This would significantly increase the amount of merchandise that could be displayed, and hence the volume of monthly sales and potential profit. The Gross Sales of $3,835,039 do not include Lottery.

Hours of operation are 6:00 AM to 10:00 PM, Monday through Saturday and 8:00 AM to 10:00 PM on Sunday.

In addition to beer and wines sales, the store has a large monthly cirgarette sale, has Ohio Lottery, and the store also sells other convenience goods. It has an ATM machine.

The information provided was from sources deemed reliable, but the prospective buyer should provide its own due diligence. D. Green and Associates, Inc is a licensed real estate broker in the State of Ohio and represents the seller of the business and real estate.

For further information and financial information, a Confidentiality/Non-Disclosure Agreement is required. It may be obtained by calling Diane Green at 440-449-0635 or e-mailing to dgreens2@aol.com

Detailed Information

Facilities:

This Branded Gas and C-Store is located on a very heavily traveled street (6138 Broadview Road, Parma, Ohio). It also has 3 bays for auto repair which can be converted to enlarge the C-Store if desired. The site is 22,500 sq.ft. (0.52 acres), the building about 2,085 sq.ft. and canopy 1,295 sq.ft. There are 4 pumps, 8 nozzles with card readers and three 8,000 gallon fiberglass reinforced plastic tanks. There is automatic tank gauging.

Competition:

The prospective buyer will have to determine the Competition/Market Pros and Cons through its own due diligence. The site is on a very heavy traffic street.

Growth/Expansion:

The prospective buyer will have to determine the Growth and Expansion Pros and Cons through its own due diligence. The 3 bays used for auto repair can be converted to enlarge the C-Store providing more retail space for increased sales.

Financing:

None

Support/Training:

Negotiable

Reason Selling:

Retirement