Branded Gas Station with C Store $88K Canopy Long Lease/Property For S

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Asking Price:
$1,350,000

Gross Revenue:
 Not Disclosed
Cash Flow:
 Not Disclosed
EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

Real Estate:
 Not Disclosed

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Business Description

Property/Lease...Beautiful branded gas station with No competition in sight for miles the only game in town and surrounded by a heavily populated residential area. This location pretty much has it all full canopy with a 1,000 sf convenience store that has 900 sf of retail space that is currently bringing in an average of $88,000 a month with very little effort. The station itself is surrounded by residential homes and only 200 feet from an apartment complex with over 10,000 loyal customers that keep this store very busy all year round and is perfect for some sort of food franchise (Subway) or just the way it is your choice. The new buyer will also have the option to purchase the property for $1,350,000 which is negotiable for the right qualified buyer and No owner Financing unless the buyer is willing to put down 50% with a short term of 5 years at 7% interest. The gas station with the property will be sold with No Fuel contract attached and to be delivered free and clear of tenants to the new buyer. This location has a fuel contract in place at RACK+2 and also has 3 updated MPD's that are currently pumping an average of 40,000 gallons a month at 18 cents per gallon with plenty of room for improvements. There are 2 different ways that this location is being sold the first is for lease for 15 years with Key Money of $275,000 and a Rent of $7,500. The second is with the sale of the property with an asking price of $1,350,000 (NEG) with No Environmental issues the property is clean with 3 (6,000 Gal) tanks installed in 1982. Make an Offer

About the Business

Website:
nationwidebgny.com
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Listing Info

ID:
1550122
Ad Detail Views:
198

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$
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Business Listed by

Jose Pagan

Nationwide Brokerage Group

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U.S. Census Data for Lorain County, OH
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Source: Decennial Census (2010), United States Census Bureau.

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Source: American Community Survey (2010-2014), United States Census Bureau.

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