PRE-PURCHASE SITE EVALUATIONS

Pre-purchase site evaluations make sense!

• Alerts you to upcoming expenses you might incur.
• Gives you information to help you negotiate a better price.
• Protects you from unforeseen expenses later on.
• Saves you from potential fines for noncompliance.
• Protects you from potential financial disaster.

Know before you buy!

Don’t make an expensive mistake!

Purchasing an existing convenience store can be   can be an exciting investment or a money pit. You can prevent the later scenario by having the UST specialists at Charles Broadfoot & Associates perform a thorough site evaluation prior to closing.  With over 20 years petroleum experience on top of 17 years UST compliance experience, we know what to look for.  Do not buy a location only to later learn that you must spend tens of thousands of dollars to get the UST system into regulatory compliance. 

The stories are legion!

A young couple was about to put all they had into a C store.  They were set to close on a Thursday.  They called us to perform a pre-purchase site evaluation  on Monday before the closing.  We found problems that would have cost the new owners around $80,000.00 to correct to include:

• No spill containment on the Kerosene tank.
• Stained soil beneath the fill on that same kerosene tank.
• Leak inside one of the dispensers along with more stained soil
• Obsolete automatic tank gauge with no parts availability or support.
• No corrosion protection installed on the flex connector product line ends.
• No proof of UST and product line construction.

The cost to correct these items is in the neighborhood of $80,000-100,000

Is this the kind of financial mistake you can afford to make?