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Established, Updated Cedar Rapids C Store/ Gas Station

Cedar Rapids, Iowa : Convenience stores
Listing #5001-7064

Price reduced. Rare opportunity to buy a well established, Cedar Rapids convenience store, totally remodeled & upgraded in 2009 with high percentage of inside sales. Branded gas station located on a corner lot of a state highway with loyal clientele in a great blue-collar neighborhood near downtown employers & attractions. Offering a wide variety of retail goods, liquor store room, walk-in beer cooler, over $1 million lottery tickets sold, & much more. Experienced staff & increasing sales trend. Immediate possession with motivated seller willing to assist, orient, train, & support for smooth transition. Great potential for grow for investor, owner-operator, or add-on to existing business.

Asking Price:

$750,000

Gross Income:

$2,316,000

(last 12 months)
Cash Flow:

$110,217

(last 12 months)
Inventory Value:

Undisclosed

Year Established: 1984 Business is Closed: No
Seller Financing Available: Yes Owner Operated: No
FF&E included: Yes Home-based: No
FF&E Value: $30,000 Training provided Yes
Real Estate is included: No Easily Relocated: No
Value of Real Estate: $375,000 Full Time Employees: 1
Real Estate Square Footage: 2250 Part Time Employees: 4

Price reduced. Rare opportunity to buy a well established, Cedar Rapids convenience store, totally remodeled & upgraded in 2009 with high percentage of inside sales. Branded gas station located on a corner lot of a state highway with loyal clientele in a great blue-collar neighborhood near downtown employers & attractions. Offering a wide variety of retail goods, liquor store room, walk-in beer cooler, over $1 million lottery tickets sold, & much more. Experienced staff & increasing sales trend. Immediate possession with motivated seller willing to assist, orient, train, & support for smooth transition. Great potential for grow for investor, owner-operator, or add-on to existing business.


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