Profitable Gas Station and Store in Cleveland, Ohio

Featured on BusinessForSale.com . 9 viewed

Asking Price

$500,000

FOR SALE - ACTIVE

Detailed Information

Location

Cleveland,Ohio, US

Reason for selling

Not Provided

Real Estate

NA

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

Show more info

Business Description

$500,000, plus inventory, buys you a profitable unbranded gas station and convenience store business in Cleveland, Ohio. The property is also available for an extra $1,250,000. The business sees average monthly merchandise sales of $100,000 to $110,000, along with 65,000 gallons of gas sold per month at a high margin. This owner-absentee operation offers plenty of potential and additional income streams from lottery, ATM, and other sources. This business presents a great opportunity for an owner-operator or a family looking to take advantage of its profitability and potential for growth. With a proven track record of success and a range of additional income streams such as lottery and ATM, this gas station and convenience store is set up for continued success under the right ownership. Contact The Saleh Group - RE/MAX Preferred Group for more information or to arrange a showing, and please refrain from disturbing the employees during your visit to the business. This well-established unbr

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