Est Branded Gas & Service, Multi-Revenue, Desirable NEO Location!

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