How to Sell a Gas Station

Selling a gas station is very different than selling other commercial properties. There are many factors to consider. Using an experienced broker like Petroleum Realty Group will help you throughout the process. Here is a short list of items that are critically important in the transaction process:

1.  Marketing – You want to reach the largest amount of qualified buyers in the shortest amount of time. Petroleum Realty Group has the strongest network of qualified and experienced buyers to make for a speedy transaction.  Direct outreach and email marketing to our network, combined with listing on BizBen, Loopnet, and others at no cost to you will result in top dollar for your station. 
2. Organized Financials – All serious buyers will want to review sales and profit and loss reports. Petroleum Realty Group will review all financial reports with you ensure you have all the necessary reports in place before starting due diligence with a buyer.
3. Clean Operation – Make sure that your station is clean and presentable. This will be the buyer’s first impression. If your station isn’t kept organized and clean, you will lose many potential buyers.
4. Price Correctly – Make sure you price your gas station and convenience store competitively. Price too high, and you may not generate any interest. Price too low, and you risk leaving money on the table. Using an experienced broker will help you price your station just right to maximize your profit and get your station SOLD. Reach out to us anytime for a FREE Broker Opinion of Value to get started. 
5. Understand Market and Industry Conditions – There are many changing market conditions that could effect gas station transactions at any time. How are interest rates and financing options? When does your supply agreement expire? Does your gas station need upgrade work? We will assist you with discussing any and all of these items to make the process as easy as possible for you.

Let us help you sell your station. Call or email Ryan at 949-322-5828 or ryan@petroleumrealtygroup.com.