Unbranded Gas Station Pumping 60k Long Lease

Cleveland, OH
Cuyahoga County

Major intersection Gas Station

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

Automotive & Boats: Gas Stations

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RE: Unbranded Gas Station Pumping 60k Long Lease 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 #: 56356097
Broker Reference #: NBG 4126 OH

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Business Overview:

Major intersection location gas station with the new landlord willing to let the new tenant pay no goodwill. The landlord is willing to have the tenant invest on expanding the store for his/her liking. The store will need $100,000 investment for the renovations that could be a win win on both sides with the tenant getting 90% of the benefit. This location has a 805 square feet standalone building that has a goods history of business in this area and we currently do not know the inside sales. The seller will show the history of the store to the interested buyer when the time comes. The station could be purchased just the way it is with the seller taking care of all the renovations. There will be an additional investment done by seller all new pumps, LED sign, canopy will be re-imaged and the location will possibly by branded BP, Sunoco. The station has full canopy with 3 MPD's that are currently pumping an average of 60,000 gallons a month at a very high margin. The station is being sold with a triple net (NNN) lease with 10 plus two 5 year options 20 years total. The rent will be $4,250 with a yearly increase to be discussed with the new potential buyer. Make an offer.

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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.

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