ohiopetr
Posts: 1
Joined: 9/17/2011
Status: offline
|
We Ohio Petroleum Organization owns a few Fuel Service Stations in Ohio, Kentucky, Indiana, West Virginia and Michigan and will to lease out company owned locations to qualified Operators with the option to sell real estate as well. Average location sales are over 100,000 per month inside and over 50,000 gallons per month. We have flexible terms available for experienced Operators.
- Minimum investment required is $250,000
- Minimum Retail Experience required is 5 years.
- Owner financing if available for 5 years and interest rate will be charged 6% per annum.
- Real Estate Taxes are paid by the Company.
- Tanks insurances are paid by the Company.
- Credit card fee is paid by the company (in case of Fuel Management "Option-B").
- Tanks, pumps, canopy maintenance is paid by company (in case of Fuel Management 'Option-B")
Fuel Supply options are available.
Option A:
- Operator Manage the Fuel Sales Operation and is responsible for Loss and Profit of Fuel Operation.
Option B:
- Ohio Petroleum will manage the Fuel and is responsible for Loss and Profit of Fuel Operation.
Price of Business:
- $100,000 or above inside sales : Price $250,000 and Rent $4,500 per month.
- $75,000 or above inside sales : Price $200,000 and Rent $3,500 per month.
- $50,000 or above inside sales : Price $150,000 and Rent $2,500 per month.
Lease Term : 5+5+5 (15 year total without any Rent Increase)
Optional : 5+5+5 (15 year with 10% increase in Rent).
Real Estate Taxes:
- Lease only option : Paid by the Land Lord
- Option to purchase Real Estate: Paid by the Operator.
Utilities:
- Trash Removal, Snow Removal, Building Maintenance, Building Insurances : Paid by the Land Lord
- All other Utilities, Business Equipment Maintenances, Business Insurances : Paid by the Operator.
Due diligence Period:
- 30 days
Deposits:
- Application Fee : $1,000 (Non Refundable)
- Training Fee : $1,000 (Only For Qualified & Accepted Operators - Due at Closing)
- Earnest Money: $20,000 - Applicable towards the Purchase Price at Closing. (Refundable during the due diligence period).
- Price : Payable 72 hours before Closing to Closing Agent's Escrow Account.
- Owner Financing ; Inventory up to $75,000 is financed by Owners for 3 years @6% Interest Per Annum.
- Real Estate Purchase Options:
(1) - First Right of Refusal to all operators.
(2) - Open for 3rd year of Lease only (Not before or after the expiration of 3 year of Lease if the operator is not behind on any payment).
(3) - 100% of business purchase price is applicable towards the Real Estate Purchase Price.
- Owner Financing : In case of Real Estate Purchase Option : Financing for 5 years Balloon 20 Years Amortization @6% Per Annum.
- Available Locations:
- 9 in Ohio with inside sale over $100,000 inside and 50,000 average gallons per month.
- 6 in Ohio with inside sale between 50,000 to 75,000 per month and 50,000 average gallons per month.
- 3 in Kentucky inside sale between 75,000 up to 100,000 and 70,000 average gallons per month.
- 1 in Kentucky inside sale between #35,000 up to $50,000 and 40,000 average gallon per month.
- 3 in West Virginia inside sale between 75,000 to 100,000 and 50,000 average gallons per month.
- 2 in Indiana inside sale between 75,000 up to 100,000 and 30,000 gallons average per month.
Contact:
Ohio Petroleum Organization,
P O Box : 750575
Dayton, OH 45475
Tel: (937) 470-9400
Email: support@ohiopetroleum.net
Person to Contact:
- Habib R. Shah (Director Marketing & Sales).
- Direct Email: habib@swairah.com
_____________________________
Habib Shah
Ohio Petroleum,
Dayton, Ohio
|
Printable Version
All Forums >> Businesses For Sale >> Business Opportunities >> Need Fuel Service Station & Convenience Store Operators 
Need Fuel Service Station & Convenience Store Operators - 
