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Business for Sale Summary

Gasoline Station & C-Store- Lorain County, OH - 26165

Business Type: convenience store,gasoline service station
Gasoline Station & C-Store- Lorain County, OH
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Financial Information (non-confidential)

General Information
Asking Price $275,000 Down Payment $275,000
Gross Revenues $2,800,000 Lease Remaining Register Free to View
Owner’s Cash Flow $140,000 Number of FT Employees Register Free to View


$275,000 Down and Owner is willing to finance.

Business Description

Amazing opportunity to buy a mint gas station, fully-renovated just a few years ago. There are new pumps and a high canopy. The station is doing $2.8m in total revenue, which includes gas sales, c-store, lotto, check cashing, ATM and bill payments. The owner also built out a kitchen that serves Mexican-style breakfast and lunch. This kitchen is operated independently, and pays rent to owner. There is one additional room that has not been built out yet, and a new owner can bring in one additional tenant for further revenue. The station is currently branded. The new owner can renew the contract, negotiate with a new brand, or go unbranded. If new owner chooses to re-negotiate with current brand or bring in new brand, they can earn a significant signing bonus. This is a great location, with a new residential complex of 800 homes that just opened, and a brand new commercial building project that is being built. For the right buyer with the right vision, this is a great long-term opportunity, as the area is only going to get busier. The owner will confirm the station is EPA compliant and will review all numbers in detail with qualified buyers - POF required. The property is also for sale and purchase. Price must be discussed directly with the owner. However, the new buyer can choose to purchase out-right, finance the property or lease, with option to buy in future. Don't miss out on this great station in a great location, with massive potential.

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Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.