Businesses For Sale > Business For Sale in Cincinnati, Ohio (OH)
Gas Station Business for sale in Cincinnati, OH
Cincinnati, Ohio (OH)
Asking Price: |
Gross: |
Cash Flow: |
Undisclosed |
Undisclosed |
Undisclosed |
Furniture and Fixtures Value:
$ 160,000 (included in the asking price)
Real Estate:
$ 850,000 (not included in the asking price)
Business Summary:
Security Deposit of $50,000 required.
Beautiful gas station for Lease only. No Fuel Supply Agreement. You can change the brand if you like. First right of refusal if the property will be for sale. On the Highway Exit, heavy traffic area, a lot of walking customer from the neighborhood, very busy business area. 4 Pumps for gas 1 for diesel and 1 for kerosene. Store size is approximately 2000 sq ft - two walkin coolers. A lot of storage space. Excellent look. A Major Builder owns all the real estate at this exit. All other businesses are leased out. This will not last for long. Rent Per month $3,500 per month for 5 years $4000 per month for next 5 years and $4,500 per month for another 5 years. Property Tax is $500 per month which is included in the monthly rent. For details, call Habib Shah (Tel: 937-470-9400 fax 937-435-5556) Address: Exxon - 1059 Main St, Milford, OH 45150.
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Year
Business was Established: 1984 |
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Facilities / Terms of Lease:
5+5+5 total of 15 years. Require Excellent Credit and back ground check. Operator must have at least $100,000 Operating Capital, in the bank to get in. Proof of funds required. All the Licenses and Permits including beer and wine available. |
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Potential
Growth/Expansion:
Historical inside sales between $50,000 to $75,000. Gallons approximately 80,000 and up. |
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Competition:
A lot of competetion but a lot of business too. This location is in the triangle of Interstate 275, State RT 28 and State RT 50. At the Exit of 275 there is Thorton gas station, Second is this one (Exxon) - Third is Shell. All three have around 1 mile distance between each other. After Shell RT 50 intersects with RT 28, there are three more stations, Speedway, UDF and Kroger, First three shares Exit of 275 and RT 28 traffic with their own neighborhoods. last three shares RT 50 Traffic and their own neighborhoods. However, every body has enough business to enjoy. This station is in the middle of Interstate and the downtown on Main Street with a lot of rental units in the side street and behind the store. Growth Possibilities. Other side of the Highway is under development but there is no site for Gas Station. Road between highway and the town is under improvement too because of heavy traffic they have to add two more tracks to handle the traffic flow. |
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Owner
willing to finance:
Yes |
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Owner
willing to train:
NO |
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Reason for selling:
Investment Property of a Major Site Development Company. |
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Seller Reference Number: igsoa_1059
BusinessMart.com Listing Number: 122419 |
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To request more information
on this business
please fill out the form shown right
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For
more info contact:
Habib Shah
Habib Shah - Broker (for - Prudential)
937-470-9400
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