Drive Thru $400K Sales w/Real Estate
Dayton drive thru with real estate. Great location with large corner lot and plenty of land for expansion. $400,000 sales, $40,000 profit. Asking price is $169,000, including real estate. Good potential to increase sales.
Reply to Greg Hedgebeth, Cincinnati Business Brokers,
Income-Producing Marathon Gas Station
ABSOLUTE AUCTION - OCT. 6TH AT 1:30 PM
Income-Producing Marathon Gas Station
With Island Convenience Store
Located On OH-51 – Immediate Access To I-280 – High Traffic Count
Very Clean – All Concrete – Access From 2 Intersections
Marathon Gas Station Features: 12 pumps – 2 canopies – diesel. 1,947 sq. ft. island C-store situated on (8) completely paved parcels with 2 large, well-lit canopies. Entire property is concrete with OH-51 frontage plus access from both Earl Street and George Street. Three (3) underground storage tanks provide fuel to 12 pumps, including diesel. 1999 construction includes (2) walk-in coolers, (2) bathrooms, and secured storage area.
Business Details: Property is tenant occupied and will remain until closing. All equipment, coolers and shelving to transfer with real estate. Liquor license available to transfer upon acceptance. Compliant and transferable gas contract. Outstanding Business Opportunity!
Note: Very clean! Shown by appointment. Auction held on-site. Call for more details.
Terms On Real Estate: 10% down auction day, balance due at closing. A 10% buyer’s premium will be added to the highest bid to establish the purchase price. Any desired inspections must be made prior to bidding. All information contained herein was derived from sources believed to be correct. Information is believed to be accurate but not guaranteed. Sale is not contingent on transfer of liquor license.
Grove City Marathon Gas Station (Lowered Price!)
Reduced Price! Profitable gas station with growth potential!
Grove City, OH
The price for this gas station is just lowered to $135,000 + Inventory. This reflects a $34,000 discount on the original price of $169,000 plus inventory.
This gas station has strong income of approximately $10,000 per month for the operating owner. In the calculation of the income, ALL EXPENSES, including Rent have been DEDUCTED! The only expense that is NOT deducted is the payroll, because it is assumed that the owner (and family) will be operating the business. This income is generally referred to as Cash-Flow or Owner’s Discretionary Income (ODI).
Revenue is solid and growing; here are recent numbers (approximate):
Inside Sales (Beer/Wine/Cigarettes/Misc sales): $51,000 per month
Lottery Sales: $40,000 per month, Approx. $28,000 Net Commissions per year
*This place has become the favorite (“lucky”) place for buying lottery tickets. Gasoline Sales: 15,000 gallons/mo.
Future Expansion Potential:
The property has an attached unused space that is currently used for storage. It can be opened up as a drive-thru, fast food, or a check-cashing business to increase the revenue.
Reason for sale:
Another time-sensitive business venture opportunity- The seller has extensive background in restaurant and bar business. He also owns another larger gas station with an inside-restaurant.
The price has been lowered by $34,000 to $135,000 plus Inventory for a quick sale. The seller is going to provide seller financing for the inventory and also $25,000 of the new lowered purchase price. This makes the necessary cash for the purchase to be only $110,000.
Cash needed at closing: $110,000, plus $25,000 deposit for gasoline distributor. This gasoline deposit does not go to the seller, it is required by the gasoline distributor and is refundable.
Seller financing: Seller will self finance the Inventory (approx. $40K) plus $25,000 of purchase price at 7.5% for 18 months. Buyer should have good credit.
Serious buyer with cash, ready to buy. Familiarity with running a gas station is a plus.
Buyer needs to have a minimum of $135,000 cash at closing ($110K for purchasing + $25K deposit for gasoline distributor).
Seller need assurances and proof of available cash from the buyer (bank letter, statement, etc.). If you do not have the above minimum cash on hand, or if you want to rely on other financing, PLEASE DO NOT RESPOND to this ad. It would be waste time for everyone involved.