Association of Independent Gas Station Owners in Ohio, Kentucky, Indiana, West Virginia, Pennsylvania & Michigan.

What you need to know about the business are the following factors: -

Due diligence items

1

Most recent Sales figures, IN and OUT, (in case of a fuel service station), as well as the Loss and Profit Statements supported by Tax returns, Sales tax and Purchase vouchers.

2

What kind of Fuel Supply Agreement is attached to the deal.

3

How old and what kind of Fuel Tanks are available.

4

What are the maintenance issues with the business.

5

What is the potential to grow.

6

If financial data is not available on-site operations review for one week.

We will provide you with all the above data and in some cases on site, but before asking for the above information, you should know, its highly confidential data. Therefore, our company policy is to provide standard information upfront, but for unlimited access to the data related to that business, you have to provide the following documentation: -

A

Confidentiality Agreement (Click for details)

B

Financial Stability documentation. (Either details about the other business owned by you at this time or Cash in hand supported by the bank statement "you can delete the account number on it" or pre-approval letter from your financial institution.

C

Experience in retail business which can be certified.

D

Client's Consultation Agreement.

After Locating the Site
Acquisition Process

1

Collecting data from the sellers

2

Data is analyzed by acquisition Consultant - Licensed Broker and financial Consultant (CPA).

3

Data is forwarded to Licensed (CPA) Auditing Company for Professional Review and Advice.

4

Professionals appraise business and real estate.

5

The Legal Documentation is reviewed by an Attorney at Law, Licensed in the State.

6

Final offer is negotiated with the Seller

7

On acceptance the Mortgage company / Bank is negotiated for available options and interest rate.

8

If bank loan is not available, to look into private funding options

9

For (3) Three weeks a Retail Couch and consultant is provided to help Training and set up the successful Infrastructure of the business.

Tel & Text: (937) 470-9400 : Email: habib@igsoa.com
Or
Visit: www.ohiopetroleum.net / www.igsoa.com

Note:
(No hidden or out of pocket costs - All the costs are included in the Fee agreement)