Business Overview

$1,200,000 Plus Inventory for Ohio Columbus Broad Branded Gas Station Business Only.  $160,000 average merchandise sales and 50,000 average gallon gas per month with high margins.   Profitable operation. Additional strong revenues from lottery, ATM, Air/Vacuum, Cigarettes, Bitcoin, Gasoline rebates and other rebates and commissions.  Newly remodeled, new LED lights, new Canopy, dispensers and more.  Drive-up window operation in place. No hot food/deli which can be added for additional income. Hunts Brothers pizza equipment in place and ready to go.  Located on a major road in Columbus Ohio with lots of residential roof tops and surrounded with other commercial businesses. Seller is motivated and willing to make the right deal with the right owner operator or a family.  Great opportunity for a family or the right owner-operator.  Please “do not disturb the employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at http://www.salehgroup.com.

Financial

  • Asking Price: $1,200,000
  • Cash Flow: $550,000
  • Gross Revenue: $3,200,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $100,000
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:3,000
  • Lot Size:N/A
  • Total Number of Employees:2
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

3000 sq. ft. Stand-Alone Building

Is Support & Training Included:

2 weeks at no cost to buyer

Purpose For Selling:

Seller Downsizing

Additional Info

The business was established in 2014, making the business 8 years old.
The deal won't include inventory valued at $100,000*, which ins't included in the asking price.

The company has 2FT 3PT 1M employees and resides in a building with estimated square footage of 3,000 sq ft.
The real estate is leased by the company for $10,000 per Month

Why is the Current Owner Selling The Business?

There are all kinds of reasons why people decide to sell businesses. However, the real factor and the one they tell you may be 2 entirely different things. As an example, they may claim "I have a lot of other obligations" or "I am retiring". For lots of sellers, these reasons are valid. But also, for some, these may simply be excuses to attempt to conceal the reality of changing demographics, increased competition, current decrease in earnings, or a range of various other factors. This is why it is really vital that you not rely entirely on a seller's word, yet rather, utilize the seller's solution together with your general due diligence. This will paint a more sensible image of the business's current scenario.

Existing Debts and Future Obligations

If the current business is in debt, which many businesses are, then you will certainly need to consider this when valuating/preparing your offer. Numerous companies finance loans with the purpose of covering things such as supplies, payroll, accounts payable, and so on. Keep in mind that occasionally this can imply that revenue margins are too thin. Many companies fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may additionally be future obligations to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with vendors that must be satisfied or might lead to fines if terminated early.

Understanding the Customer Base, Competition and Area Demographics

Exactly how do companies in the area bring in new customers? Often times, businesses have repeat customers, which form the core of their daily earnings. Particular variables such as brand-new competitors sprouting up around the location, road construction, and staff turnover can impact repeat consumers and also negatively affect future revenues. One important point to consider is the area of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Certainly, the more individuals that see the business on a regular basis, the greater the possibility to build a returning client base. A last idea is the general location demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? How might the neighborhood median family income impact future revenue prospects?