Profitable Branded Gas Station And Convenience Store

Linn County, IA

Seller Financing Available
Profitable Branded Gas Station And Convenience Store
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Asking Price: $326,350

Cash Flow: $130,540

Gross Revenue: $2,592,917

EBITDA: $130,540

FF&E: $611,860

Inventory: $41,789*

Rent: $4,200 /Month

Established: N/A

*not included in asking price.

Profitable Branded Gas Station And Convenience Store

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Business Description

This is a rare opportunity for someone to acquire a well established gas station and convenience store with a prime location at the corner of a high traffic intersection. This turnkey business has top of the line equipment including three 12,000 gallon tanks, new interactive fuel pumps installed in 2016 and 2 new cash registers with chip readers installed in 2016, 48 x 150 ft lighted canopy etc.... This business generates additional income from other profit centers such as the automatic drive thru car wash, liquor sales, lottery and ATM. This profitable gas station/convenience store averages $120k in inside sales and has been in operation for over 30 years. This is a great opportunity for an owner operator, family or someone who is just looking to invest/manage in a very solid business. No experience necessary. Owner will train for a smooth transition. Everything is in place and ready for a new owner to step in and continue making profits on day one!

REVENUE:

Inside Sales Averages $118k - $120k (includes lottery sales)

Lottery Commission: 7% Typically brings in $8k to $9k per month

GAS Profit Margins: 20 to 25 cents per gallon with this year mostly at 25 cents

ATM Machine: owned by the seller and brings in $400 to $500 per month. $3.00 per transaction.

KEY BENEFITS:

• “Location, Location, Location!” Ideally situated at a corner intersection with High- volume traffic Averages 26k -30k traffic volume every day

• $120k Inside Sales Average

• All Financial Records in place

•. Great opportunity to buy into a turnkey business with a great build out & gas station/convenience store has been very well kept and updated

• New owner can take over immediately and start earning income

• State of the Art Equipment including new interactive fuel pumps installed in 2016 and 2 new cash registers with chip readers installed.

• Opportunity to increase revenues immediately by expanding services( adding food etc..

For more information please call 800 905-1213

Detailed Information

Location:
Linn County, IA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,800
Lease Expiration:
N/A
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
Seller will provide training for smooth transition
Reason for Selling:
Seller is moving out of state
Business Website:
http://www.bizprofitpro.com
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Marv White

Business Listed By:
Marv White

Bizprofitpro

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