FOR SALE: Iowa Gas Station & C-Store

Apr 15, 2022 1:24 pm

It's finally Friday, again! This week I wanted to share with you another new business listing from our office. The Real Estate is included (as is customary with this type of business). This is a wonderful option to add to a portfolio or start one. The location is excellent and the historical profits indicate a proven success.

In addition to this new listing I wanted to encourage anyone looking to sell their business to get in touch with me. We've got a number of qualified buyers waiting in the wings with cash to deploy. Inventory is extremely low right now so we're seeing the average days on market running about half of normal. The future, be it personal or global, is never certain so a proactive step now may make a huge difference for you and your loved ones.

More Information, Please!

Iowa Gas Station and C-Store

Asking Price: $2,000,000

Cash Flow: $383,910

Gross Revenue: $4,844,580

FF&E: $250,000

Inventory: $111,617 (not included)

Real Estate: $850,000

Established: 1977

Business Description

Profitable, long-established, turn-key and growing Unbranded Gas station, with C-store and deli. Great location with strong competitive position in the area. 600K to 700K gallons of fuel annually with about 60% of annual revenue coming from inside sales. The business continues to grow with 2021 being it's best year on record.

Detailed Information

Inventory: Not included in asking price

Real Estate: Owned & Included in asking price

Employees: 1 FT/20 PT

Furniture, Fixtures, & Equipment (FF&E): Included in asking price

Facilities: Newer, well maintained building constructed in early 2000's located on a main thoroughfare with great access. Building and canopy and equipment all in good condition. The building is roughly 5400 sq. ft. with plenty of parking and space for fuel patrons and those buying something inside. 1 blender pump with 2 dispensers, 1 diesel pump, 2 fuel pumps with 6 dispensers and all are 2018 or newer. Pumps have 24/7 card access. 5 USTs with 36,000 gallons capacity.

Competition: Sales continue to grow and the business owner believes they have a strong growing market-share.

Support & Training: Will train for 2 weeks @ $0 cost.

Reason for Selling: Transition to retirement.

More Information, Please!

I'm looking forward to hearing from you soon!

Be Well,

Josh

JOSH GRODE WOLTERS, MA, MBA, BTS

Business Broker | M&A Advisor

· $23M closed transactions ·