Gas Station with busy Food Mart

Sioux City, IA (Woodbury County)

Gas Station with busy Food Mart

Asking Price:$950,000

Cash Flow:$340,000

Gross Revenue:$2,650,000

EBITDA:$150,000

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:N/A

Gas Station with busy Food Mart

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Business Description

Gas Station with High Volume Food Mart

Very High volume Unbranded gas station for Sale in Sioux City, Iowa with very less competition. Store Size is Over 2700 Square Feet and Gas Station Area is Over 1 Acre lot. Food mart sales is around $70,000 (Net Sale without Lotto lottery) with very high profit margin and gas sales are around 50,000 gallons per month at 25 cent pool margin. Store also Sells $9,000 In Lotto- Lottery which is not included in Sales. This Gas Station is located on a very Busy Street surrounded by Apartments and Houses. Store Has Full Liquor License. This is a best location in the whole area. New Owner can add any brand to the Gas station and improve the sales.
Asking price is $950,000 Plus Inventory. The store is approved with SBA loan with 25% down payment.
This is the best opportunity to own a gas station with real estate and in the Same Town. Owner Owns 4 Gas Station in the Same Town and all are 20 Min Drive from each other. Owner wants Sell all of them in One Package or can be Sold Separately. All Stores are running as an absentee owner.

Complete Package of 4 Gas Station is for $3,300,000 Plus Inventory.
Breakdown of the Stores are as follows
1.Gas Station #1 for Sale at $1.3 Million Plus Inventory 
Food Mart Sale is $115,000 & Gas Sales is 70,000 Gallons
2. Gas Station #2  is for $950,000 Plus Inventory 
 Food Mart Sale is $70,000 Gas Sales are 50,000 Gallons.
3. Gas Station #3 is for $600,000
Food Mart Sales are $55000 Gas Sales are 35,000
4. Gas Station # 4 is for Sale for $500,000
Food Mart Sales are 50,000 Gas Sales are 20,000 Gallons.

Detailed Information

Real Estate:
Owned
Building Sq. Ft.:
2,700
Facilities:
Gas Station with Busy Food Mart
Competition:
Very less competition.
Support & Training:
Full Support and Training
Reason for Selling:
Seller wants to relocate

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Narinder Singh

Business Listed By:
Narinder Singh

Nationwide Homes & Lending - Broker

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