Listing Number: 60364-270005
Description
Discover a rare opportunity to acquire a well-established, multi-faceted business in a prime Northeast Ohio suburban location. This branded gas station and convenience store complex, founded in 1975 and under current ownership since 2019, offers a diverse range of revenue streams and significant growth potential.
Key Features:
- Branded gas station averaging over 50,000 gallons in monthly fuel sales.
- Full-service convenience store offering beer, wine, tobacco, snacks and small grocery items.
-Ohio Lottery retailer.
- U-Haul rental services.
- Propane tank sales and exchange.
- ATM and Bitcoin machines.
- Auto repair services with sub-lease revenue.
Financial Highlights:
- Average annual revenue exceeding $1 million
- Average Seller's Discretionary Earnings (SDE) surpassing $120,000
Location and Facilities:
- High-visibility site on a well-trafficked suburban thoroughfare.
- Recently resurfaced parking lot.
- Modern fuel pumps enhancing customer experience and efficiency.
This turnkey operation presents an excellent opportunity for an experienced operator or investor to build upon a solid foundation, or for a budding Entrepreneur to manage a seamless operation. With its diverse revenue streams and loyal customer base, the business is well-positioned for continued growth and expansion.
The business represents a unique chance to acquire a stable, profitable organization with a strong community presence and multiple avenues for future development.
Don't miss the opportunity to invest in a thriving, multi-faceted company poised for continued success in Northeast Ohio's dynamic market.
Listing Details
- Price: $ 447,900
- Down Payment: $447,900
- Sellers Discretionary Earnings: $ 115,730
- Total Sales: $ 865,544
- Location: Lake County, Ohio
- Inventory: $ 40,000
- FF&E: $ 75,000
- Employees: 6
- Year Established: 1975
- Reason for Selling: Retirement
- Category: Gas Station,Rental Business,Food Business Retail
