A gas station sale generates more paperwork than a typical business transfer because you are conveying real property or a leasehold, an operating business, regulated equipment, licenses, and an environmental history at once.
This is the document set a seller needs to assemble and the agreements that will be drafted along the way.
Pre-Contract Documents
Before a buyer commits, you will produce a confidentiality agreement, a blind teaser, and then a confidential memorandum containing financials, gallons, lease or ownership detail, and photos. Buyer qualification materials — proof of funds and background — come back to you.
The listing or engagement agreement with your broker precedes all of it, specifying term, exclusivity, fee, protected buyers, and marketing scope.
The Transaction Agreements
A letter of intent frames price, allocation, deposit, diligence period, contingencies, and closing timing. The purchase and sale agreement follows, with the asset schedule, price allocation across real estate, goodwill, equipment, and inventory, representations and warranties, and environmental provisions.
Supporting instruments include the deed or lease assignment with landlord consent, bill of sale for equipment and fixtures, assignment and assumption of the fuel supply agreement with supplier consent, franchise transfer documents, equipment lease assignments, non-compete agreement, any seller note and security agreement, and a training or transition agreement if you are staying on.
Property, Business, and Compliance Records
Produce the deed or lease with all amendments, title documents, survey, zoning confirmation, and property tax records. On the business side: three years of tax returns and financial statements, supplier gallon statements, POS department reports, vendor and service contracts, and employee records.
Compliance records are non-negotiable in this asset class: tank registration and construction, leak detection and testing, inspection history, permits, prior environmental reports, and insurance declarations.
Closing Documents
At closing expect settlement statement, entity resolutions authorizing the sale, lien releases and payoff letters, bulk sale and lien search clearances, license transfer or surrender filings, an inventory count certificate, proration schedules for taxes and utilities, and escrow agreements for any holdback.
The Gas Station Group organizes this package for Florida sellers; all transactions are brokered through Fausto Commercial. See the legal team you need or call (305) 518-1545.
Frequently Asked Questions
Speak With a Florida Gas Station Specialist
Request a confidential consultation or off-market opportunities and pricing through our contact page, or call +1-305-518-1545. The Gas Station Group is headquartered at 8603 S Dixie Hwy, Miami, FL 33143. Principal: Bobby Berrido.