Retail
Cleveland Gas Station Development with Rental Income
Cleveland, Cuyahoga County, Ohio, United States
$1,000,000
Asking Price
$200,000
Cash Flow
$1,100,000
Gross Revenue
$120,000
Inventory
N/A
EBITDA
ScoutSights powered by real SMB data
3.2x
Sales multiple
24%
Profit margin
$48K
Debt service per year
31%
Cash-on-cash return
Available for $1,000,000 plus inventory, this gas station development in Cleveland includes rental units generating $5,500 monthly. With average merchandise sales of $80,000 to $90,000, the property spans over an acre and is primed for gas pump installation. Located on a major road surrounded by residential areas, this established business boasts a loyal customer base and ample parking. The seller is motivated and offers assistance with financing.
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