Seller Recommended Documentation
We highly recommend, that you the Seller, obtain or have prepared the following documentation prior to the listing of your gas station business for sale. This compilation of information will provide the necessary detail and insight into your business which will enable a qualified buyer to determine the value and potential of your business to prepare a purchase offer.
Although, the actual disclosure of this confidential information will normally only be made after the acceptance of a good faith offer (due diligence period), having this information ready and available will help to accelerate the process and assist us in the formulation of the correct listing price for your business.
While this list is certainly not comprehensive it does represent the type of documentation necessary to fully analyze your potential sale. Please endeavor to provide:
Tax Records for the last three years:- Federal Tax Returns
- Sales Tax Returns
- Payroll Tax Records
- Bank Statements
- Balance Sheets
- Gas Sale Records
- Profit and Loss Statements
- Accounts Receivable
- Accounts Payable
- Copy of Business Licenses/Fictitious Business Statement
- Copy of Insurance Policy
- Copy of Supplier Contracts
- Equipment & Furniture List
- Environmental Report (if selling the land)
- Real property or business appraisal
- Corporate identity or formation documents
- Unexpired leases
- Rental roll/Security deposit records
