Tuesday, December 13, 2016
NRC Sells Five Guppy’s Stores in Iowa
CHICAGO, IL [December 13, 2016] — NRC Realty & Capital Advisors, LLC in conjunction with Ravinia Capital LLC announced the sale of five Guppy’s convenience stores located in and around Cedar Rapids, Iowa. The stores were owned by Fauser Energy Resources of Elgin, Iowa and were sold to Casey’s General Store.
“These stores were non-core assets for Fauser Energy and their only retail locations,” commented Evan Gladstone, NRC’s Executive Managing Director. “Operating retail stores in today’s competitive market requires time and capital, and strengthens Fauser as a leading fuels wholesaler in 12 mid-western states.”
About Ravinia Capital
Ravinia Capital LLC is a Chicago-based boutique investment bank that serves as transactional advisors to middle market clients on capital market initiatives including sales, mergers and acquisitions, and refinancing. It helps its clients understand their funding needs, sources the correct funding opportunities or buyer, and then structures and closes transactions. With its focus on middle market companies, Ravinia Capital seeks to address the unique complexities that are often found in privately-held or family-owned businesses. Please visit our website at raviniacapitalllc.com or email [email protected] for more information.
To see a list of convenience stores for sale and gas stations for sale, click here.