Call (319) 422-3298 or use the request form, and Sprucehollow Financial puts the station's figures in front of funding partners who decide.
Fuel loads, store stock and station equipment each have a product that fits; this page sorts them and states plainly what is outside the request: the lot, the building and the tanks in the ground.
At a glance
- Gasoline stations, Des Moines County, IA
25 employer establishments (CBP 2023)
- Gasoline stations with fewer than 5 employees, Des Moines County, IA
6 employer establishments (CBP 2023)
- Gasoline stations with a ZIP 52601 address
16 employer establishments (ZBP 2023)
- Convenience stores (NAICS 445120), Des Moines County, IA
5 employer establishments (CBP 2023)
Gas station financing for Des Moines County, IA: fuel loads, store stock and equipment
A station runs three kinds of spending at once. Fuel loads are paid to the supplier before the gallons sell, the store shelves need beer, snacks and tobacco on hand, and the store has machines that wear out. Inventory financing fits the store stock, a line of credit can carry the gap between a fuel invoice and the card deposits that cover it, and equipment is priced on its own.
| Measure | Value | Area | Source |
|---|---|---|---|
| Employer establishments | 25 | Des Moines County, IA | CBP 2023 |
| Fewer than 5 employees | 6 (24.0%) | Des Moines County, IA | CBP 2023 |
| Paid employees, March 2023 pay period | 239 | Des Moines County, IA | CBP 2023 |
| Annual payroll | $6.5 million | Des Moines County, IA | CBP 2023 |
| Employer establishments | 16 | ZIP 52601 | ZBP 2023 |
Only 6 of the county's 25 gasoline stations had fewer than five employees; the other 19 had five or more (our arithmetic), so a station request can carry a full payroll alongside the fuel bills.
Convenience store financing in Burlington, IA: POS systems, hot food cases and cooler lighting
The store side of a station buys like any small retailer, with a few machines of its own. POS terminals tie the registers to the card readers, a hot food case and a coffee machine are plug-in appliances, and replaceable LED lighting inside the coolers can cut the power bill; fixed canopy lighting is excluded. Each can go on an equipment agreement with the vendor's quote.
County Business Patterns files a station with a store inside under gasoline stations (NAICS 4471). Convenience stores without fuel as the main line carry NAICS 445120; Des Moines County, IA had 5 employer establishments under that code in 2023, and 4 of those had fewer than five employees. ZBP 2023 placed 4 establishments in that code at a ZIP 52601 address.
Business loan to buy a gas station in Burlington, IA: the operating business, not the land
Buying a station can mean two deals: the real estate and the business that runs on it. Loans on the land, the building, the canopy structure and the underground tanks are not arranged here. A buyer who leases the site, or who has the real estate financed elsewhere, can ask a funding partner about the business side.
- The inside inventory counted at closing, from cigarettes to the cooler stock
- Store equipment that passes with the sale: hot food cases, fryers, roller grills, coffee machines
- Working capital for the first weeks of fuel loads under the new owner
- A term loan for the seller's price of the business itself, separate from the lot
A partner can ask for the seller's fuel and inside-sales records, the fuel supply agreement that transfers with the station and the site lease, since a station without a lease has nowhere to sell from.
Gas station loan requirements in Burlington, IA: fuel invoices, card statements and a site lease
A partner looking at a station request can ask for the documents below. None of them go with the first call or the form; they come later, when the partner asks.
- Fuel invoices from the supplier, which show load size and how often a station buys
- Card processing statements, since card sales at the pump and the register settle in batches
- The site lease, with its end date and any clauses about supplier setup and responsibility for the canopy or dispensers
- Quotes for new card readers, coolers or a POS system, with supplier fittings itemized; fixed fuel-line and canopy work excluded
- Business bank statements and the latest tax return, with the store and the fuel side both on it
Illustration only, invented figures: a station replaces two merchandiser coolers at $24,000 each plus $9,000 of supplier fittings, $57,000 in all, over 60 months at an annual rate of 10.75%. The payment is $1,232.22 a month; sixty payments come to $73,933.20, which puts the interest at $16,933.20.
Questions for a lender before a Burlington, IA gas station finances card readers, coolers and movable store fixtures
Before signing for card readers, coolers or movable store equipment, a Burlington, IA station owner can put these questions to the funding partner that makes an offer:
- Does the agreement cover only the movable equipment and supplier fittings? Fixed fuel-line and canopy work are excluded.
- Does the lease require landlord consent for supplier setup, and who handles any fixed canopy or forecourt work outside this funding?
- Can a modular walk-in cooler with a supplier quote and model details be treated as equipment? Fixed store construction is excluded.
- Can the term run past the end of the site lease?
- Is there a cost for paying the balance off early?
Card-heavy stations can also look at a merchant cash advance, which is not a loan: a provider collects a set share of card sales until the purchased amount is in. Other local business counts are on the Burlington, IA page.
By Sprucehollow Financial ยท Updated
