Gas Station With Property In Corydon, Iowa!
Corydon, IA Wayne County
Corydon, IA
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- RE: Gas Station With Property In Corydon, Iowa!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $649,000 | |
| Annual Revenue: | $960,000 | |
| Net Profit: | $230,556 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 979408 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Inside Sales are currently $80,000 per month!
Outside Sales are currently 30,000 gallons per month averaging 25 cents per gallon margin, generating over $7,000 in gross profit per month!
Lottery Commission is $2,000 per month! ATM commission is $550 per month
Net profit is over $19,000 per month AFTER covering all expenses, including $11,000 in payroll!
Store is undergoing renovations and will be rebranded! There are 10 years remaining on the fuel contract.
All pumps have been replaced within the last 6 months!
Store features a Hunt Brothers Pizza and a deli, boosting your revenue with the additional food sales!
Well positioned near a factory, leading to a hike in deli and store sales simultaneous with the end of factory shifts! New owner/operator can take advantage of this foot traffic!
1 of only 4 gas stations in a 7-mile radius! Low competition and loyal customer base!
Store is approved for Game Machines! HUGE value add opportunity to add another stream of revenue!
Local population is steadily increasing! Median Household Income is $51,239!
Average traffic count of 3,370 vehicles passing by the gas station daily!
25 minutes from the Missouri Border!
Located 1 hour from Ottumwa, IA! 1 hour 30 minutes from Des Moines, IA, and Kirksville, MO! 2 hours 20 minutes from Kansas City, MO! 2 hours 40 minutes from Quincy, IL! 3 hours from Omaha, NE!
Nearby landmarks include Indian Hills Community College and Prairie Trails Museum.
In close proximity to local schools like Wayne High School with over 250 students, and Wayne Elementary School with over 350 students.
Located near restaurants like Ludlow's Steakhouse, El Vago Tex-Mex, and Hy-Vee Market Grille.
Close proximity to a new housing development with 40-60 new units.
Asking Price for Real Estate and Business: $649,000 plus inventory!
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
Average traffic count of 3,370 vehicles passing by the gas station daily!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Iowa businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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