14 Gas Stations No Fuel Contract for sale

Cleveland, OH
Cuyahoga County

14 OHIO PORTFOLIO FOR SALE


Asking Price: Annual Revenue:
$13,985,387 Not Disclosed

Automotive & Boats: Gas Stations


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RE: 14 Gas Stations No Fuel Contract for sale Broker: Jose Pagan

Quick Facts

Asking Price: $13,985,387
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 #: 49856097
Broker Reference #: 14 OHIO PORTFOLIO

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Business Overview:

Here is another Good Package of 14 gas station one owner looking to retire and move out of state after running these location for over 15 years. This Package has all clean properties with 44 total updated double wall fiberglass tanks with no history of environmental issues. There are several gas stations in this portfolio that have new construction done to store which added 1,000 - 2,000 square feet of retail space. The stations all have convenience store that are running and bring in over $12,652,000 a year which averages out to over 1 Million a month in gross sales with very little effort all locations are in dense populated area and on major roads. These stations are currently being ran as follows 7 Branded with 7 Unbranded that are all being sold with No Fuel Contract attached and combined are pumping over 7,700,000 gallons a year at a high pool margin with gas rebates at over $140,000 a year. The current seller is netting over $1,000,000 a year being ran the way the are now all being leased. The seller currently is collecting rent for all 14 stations that combined pay $952,110 a year. The new buyer will have the option to keep tenants or buy stations free and clear of tenants your choice. This portfolio is perfect for a jobber looking to expand with most stations within minutes of each other for quick and easy fueling routes. Jobbers, Fuel companies, Investors, Hedge funds are all welcomed here all numbers can be verified. We have all paperwork in hand for the right qualified buyer everything from Appraisals, Leases with tenants, Environmental Reports, Gallons pump per site, Equipment Lease Agreement and Tank Information. The stations in this portfolio are located in the following counties Cleveland, Brooklyn, Maple Heights, Parma, Elyria, Lorain, Akron, Lakewood. The seller is motivated to sell and we have all paperwork in hand, it can't get any better so shop with confidence there will be no time wasted here. In order to get any information regarding this portfolio Proof of Funds or a commitment letter from a reputable bank is going to be needed.
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Additional Details:

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

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