Owner Financing is Available!
Business Overview:
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.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Assets=$405,000
Market Competition and Expansion:
No Wal-Mart, Sam’s Club, Murphy Oil, Hy-Vee etc. nearby. No other convenience store on the same street. No other independent store in immediate neighborhood.
An owner/operator or family can make a nice living. Or this could be a profitable add-on for existing convenience store(s) owner. Abundant potential due to very little past marketing & sellers other priorities: Increase marketing, promote expanded prepared product sales & focus on up-sales or cross-sales. Opportunity to increase carry-out food. Add food delivery & catering. Promote more events. Expand adding a branded sandwich/ soup/ salad, Laundromat or coffee shop with breakfast items, bakery & popular coffee drinks. Neighborhood improving from rare 500 years, flood 3years ago & extensive neighborhood improvements being planned.
Reason for Selling:
Relocation
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: