Closed Gas Station Landlord Looking For Tenant

Ashtabula, OH
Ashtabula County

Major Road Gas station for Sale


Asking Price: Annual Revenue:
$100,000 Not Disclosed

Automotive & Boats: Gas Stations


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RE: Closed Gas Station Landlord Looking For Tenant Broker: Jose Pagan

Quick Facts

Asking Price: $100,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 804956097
Broker Reference #: 4126 OH

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Business Overview:

Closed Gas Station Landlord Looking For Tenant Free Rent 3 Months!
Soon to be branded gas station with 1,300 square feet convenience store with plenty of parking the lot size is 15,300 square feet. The current landlord is going to brand the site either BP or Valero which means the station will have a fuel contract in place at RACK+2 good contract. The station is located on a major road in Ashtabula Ohio with a very high traffic count of over 11,000 cars a day travel this road. This location has a history of over 600,000 gallons a year with the store numbers currently unknown. The seller will disclose all numbers to the new potential buyer so everyone is on the same page. This site will be remodeled with new pumps, LED sign and re imaging of the canopy and station. The landlord is offering free rent for a least 3 months so the new operator can build up the business and be able to survive. The landlord is investing over $200,000 on site of his own money so shop with confidence any goodwill collected is going back into the site. The station is being sold with a triple net lease (NNN) with 10 years and two 5 year option that is 20 years total. The rent will be set at $5,750 with the annual increases to be discussed with the new operator. Once again, gas station with 1,300 square feet convenience-store and free rent for 3 months maybe longer will see if needed. Good landlord great location only $100,000 goodwill that is it includes all deposit. Make an offer.

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Property Features and Assets:

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Additional Details:

  • The property is leased.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Relevant Links:

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