ACQUISITION OPPORTUNITY S-1751

GAS STATION- CONVENIENT STORE

This Company is a high volume branded gas station and convenient store located on a busy four-lane avenue in a well-populated eastern suburb of Cincinnati.  The equipment and the facility are in excellent condition as the store was built just five years ago.  The station is part of a multi-unit chain so there should be an opportunity for improvement if purchased by an owner operator who will provide a little more TLC.

 HIGHLIGHTS:

 ·        Gas Volume- 145,000 gals per month in 2001

·        Store Sales- $25,750 per month in 2001

·        Location! Location! Location!  Busy artery; Great neighborhood

·        Equipment and facility new in 1997

·        Has been operated on an absentee basis

·        Opportunity for improvement for owner operator

·        Lottery scratch offs; Beer and wine

 PURCHASE PRICE:

The business is offered at $450,000 free and clear of debt.  The purchase price includes $8,000 of gas and $25,000 of store inventory at cost.  The purchase price will be adjusted at closing to reflect actual inventories.  The Seller will consider financing a portion of the purchase price for a qualified buyer.

FINANCIAL SUMMARY: 

                                                                        *Earnings Before Depreciation, Interest and Taxes