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Full-Service Gas Station & Convenience Store

Northeast Ohio, Ohio (Trumbull County)

Retail - Gasoline Service Stations | Retail - Convenience Stores

Asking Price $525,000 Inventory  
Gross Income Not Disclosed Real Estate  
Cash Flow Not Disclosed Year Established N/A
FF&E N/A Employees 6

* included in the asking price

** not included in the asking price

This profitable business sells gasoline, kerosene and some convenience store items including cigarettes, beer, wine, juice, coffee, candy, and gum. This business is unique that it is full-service only. The attendants will also deliver convenient store items to the car if requested. Licenses required are C1 beer, food, and cigarettes. The station is completely up to code, as of October 2007. The current owner has spent $35,000 on testing, repairs, and new equipment. This business also includes the Ohio Lottery. The price includes the trade name, equipment, a non-compete agreement, canopy, tanks, pumps, building, and real estate. There are five MPD's, four tanks (2 - 12,000 gallon tanks) that were both relined in 1996. The UST system has spill containment, over-fill protection, leak detection, and automatic tank gauging. The lines are DW fiberglass. The pump manufacturer is Tokheim and they are seven years old. Financials are available to qualified buyers. The store is averaging 3500 gallons per day. Gasoline profit margins are high because of the location of the store and the distance from competition in any direction. Friday's are the highest volume days, around 4800 gallons.

Facilities: This business is located on a very busy highway on the boarder between Ohio and Pennsylvania. It services customers from both states. The traffic count of 17,000 vehicles daily is very high along this route and it supplies a steady stream of customers most of the day. The building is wood frame construction and sits on a half-acre corner lot. It has a relatively new canopy that covers the eight pumps. A private office is located behind the retail area of the store.

Support/Training: The staff includes six employees and the owner. This includes a day manager, night manager and another full-time day employee. All three of these people can do every job. There are three additional part-time employees who work when scheduled.

Reason Selling: Owner is moving out of state.

AD # 379836

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