Convenience Store on a major highway Price Reduced
| Asking Price: | $375,000 | Inventory: | $40,000 ** |
| Gross Revenue: | $709,928 (comments below) | Real Estate: | $290,000 ++ |
| Cash Flow: | $126,865 (comments below) | FF&E: | $72,500 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: 2009 annual | |||
| Cash Flow Comments: 2009 | |||
This 43-year old store is a well-known landmark in its growing market. The store fronts a very heavily traveled highway, a developing commercial area, neighborhood area and recreational area. The store sits on 1.5 acres of land that includes the 3,356 sq. ft. store. The store was rennovated in 2003 which increased the size from 2,106 sq. ft. to current 3,356 sq. ft., a new 12x8 beer cave and a 7 door, 8' deep walk-in cooler was installed with new kitchen and eating area equipment., two new 5-ton air conditioners etc. The store carries unbranded gasoline as well as sells hunting, fishing licenses, live bait, tackle and grocery items, home-made BBQ as wll as an array of breakfast items and fast food. Excellent owner/operator opportunity. In 2009, fuel was 25% of sales; food 13% and beer 15%. SDCF for 2009 was $126,865.
Price has been reduced from $450,000 plus inventory to $375,000 plus inventory. Seller has health issues and need to relocate. Great opportunity for an owner operator.
Price has been reduced from $450,000 plus inventory to $375,000 plus inventory. Seller has health issues and need to relocate. Great opportunity for an owner operator.
About the Business
Year Established:1965
Employees:2 full time - 3 part time
Facilities:Owner owns the real property. It sits on 1.596 acres. The store and the apartment are 3,977 sq. ft.; extra, separate building is 1,060 sq. ft. Is unbranded as of 1/010. New card readers for pumps and gasoline POS system added in 2010. Outside canopy is repainted in January, 2010.
Market Outlook and Competition:Because it is a growing developing area, there is competition in the area, particularly for the gasoline; but the store offers some "special" items that has little or no competition. Great store to operate. Ideally located to get heavily traveled highway traffic.
About the Sale
Reason For Selling:Relocate
Seller Financing:None is offered. Currently under an SBA loan.
KEYWORDS: gas,Profitable, food, convenience store, beer, branded, real property ; ,gas station, cash flow, Texas, major highway, price reduced
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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