Coppermead Business Funding, a small-business funding service in Springfield, Ohio, explains gas station loans for Clark County station and convenience store owners: buying a station or a franchise, the purchase price and down payment, fuel and store stock, and equipment. It uses Census counts for gas stations and convenience stores and shows what partners read.
At a glance
- Gas station employers, Clark County, OH
45 (CBP 2023)
- Convenience store employers
25 (CBP 2023)
- Gas station employees
410 (CBP 2023)
Clark County, OH Gas Stations in Census Counts
Clark County had 45 gasoline station employers in 2023, with 410 employees; 40.0% had fewer than five employees (Census Bureau, County Business Patterns 2023). Convenience stores without fuel added 25 employers, 70 in all (our sum of two NAICS codes). ZIP 45502 had 5 gas station employers (Census Bureau, ZIP Code Business Patterns 2023).
| Business type | Employers (CBP 2023) | Employees | Under 5 employees | Employers in ZIP 45502 (ZBP 2023) | Without payroll (NES 2024) |
|---|---|---|---|---|---|
| Gasoline stations | 45 | 410 | 40.0% | 5 | 3 |
| Convenience stores | 25 | 76 | 80.0% | not published | 5 |
Gas Station Purchase Price and the Down Payment in Clark County, OH
A station's price depends on fuel volume, inside sales, the real estate, the equipment's condition and any brand agreement. Partners read what supports the price: fuel gallons by month, inside sales by category, and the station's tax returns. The down payment a partner expects depends on the deal and the buyer.
Illustration only, invented figures: a buyer agrees to $1,200,000 for a station and puts in 15%, $180,000, leaving $1,020,000 to finance (our arithmetic). If the price includes land and building, the property portion is a real estate loan, which this site does not arrange; the business, equipment and stock portion can be a term loan purpose.
Convenience Store Funding for Springfield, OH Companies
Convenience store funding covers stock, coolers, shelving, security cameras, POS systems and remodels. Clark County convenience store employers counted 76 employees in 2023, and 80.0% had fewer than five (Census Bureau, County Business Patterns 2023). Stock fits inventory financing or a line of credit; coolers fit equipment financing. The grocery store page covers stores without fuel.
Buying a Gas Station Franchise in Springfield, OH
Buying a branded station means taking on or signing a supply agreement with a fuel brand. The agreement sets the fuel supply, image standards and, at times, required upgrades. Partners read it alongside the station's numbers, because its terms affect cash flow.
Steps to Buying a Gas Station in Clark County, OH
- Get the seller's tax returns, fuel volume reports and inside sales by category.
- Have the tanks and equipment inspected.
- Check the environmental records for the site.
- Agree the price and what it includes.
- Send a term loan request with the price range.
- Plan the transfer of fuel supply, permits and licenses.
Fuel Loads and Store Stock Between Deposits
Fuel is paid for on delivery or on short terms, while sales arrive daily. Card fees and the timing of card deposits shape the gap. A working capital loan covers a one-time gap; a line of credit covers the repeat cycle. Partners read fuel invoices beside bank statements.
Pumps, Tanks, Canopies and Coolers
Dispensers, payment terminals at the pump, canopy lighting, tank monitoring systems and walk-in coolers are financed as equipment, each with its own quote. Tank replacement is larger and may come with regulatory requirements; ask counsel and the contractor. The equipment financing page weighs a pump or cooler loan against a lease.
What a Partner Reads in a Station Purchase Agreement
Beyond the price, the agreement says what is included: equipment, inventory at closing, the brand agreement, any lottery or tobacco licenses that transfer, and the seller's help during the handover. It also allocates the price between the business, the equipment, the stock and any real estate. That allocation shapes which part a funding partner can consider and which part needs a property lender.
- Price allocation between business, equipment, stock and property
- Inventory count method at closing
- Brand or supply agreement assignment
- Environmental representations from the seller
- Seller's transition help
Inside Sales, Food Service and Car Washes
Some stations add hot food, coffee or a car wash. Each is a purpose with its own equipment and its own sales line. Partners read those lines in the POS reports, separate from fuel. Food equipment fits equipment financing; a car wash build is a larger project that needs bids, permits and a longer term. Bring sales by category to show which lines carry the station.
Records Partners Read for a Clark County, OH Station
- Twelve months of bank statements
- Fuel volume by month
- Inside sales by category
- The latest business tax return
- The fuel supply agreement
- Lease or property documents
Repair Bays and the Full Industry List for Station Owners
Auto repair bays have their own page. The industries page lists every trade, and the Springfield, OH figures page has the county numbers.
By Coppermead Business Funding ยท Updated