Gas station & convenience store business, Cleveland Ashtabula

Featured on BusinessForSale.com . 2 viewed

Asking Price

$295,000

FOR SALE - ACTIVE

Detailed Information

Location

Ashtabula County,Ohio, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

For sale is an unbranded gas station and convenience store business in Cleveland Ashtabula priced at $295,000 plus inventory. This business sees an average of $60,000 in monthly merchandise sales with strong margins. It also averages 30,000 gallons of gas sold per month at a profit of 20 cents per gallon. The store has been newly remodeled and features modern amenities such as credit card acceptance at the pumps and a range of additional income streams including ATMs, lottery, and more. With a long lease and no supply agreement, there is potential for growth in both the residential and commercial area where it is located. The current owner is motivated to sell and open to a semi-absentee arrangement. Situated on a busy road, the gas station and convenience store benefit from a newly renovated store with updated lighting and signage to attract customers. The location enjoys high visibility in a mixed residential and commercial area, offering a prime opportunity for a new owner, operator, or

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