Convenience Store Price Reduced!
Texas Central, Texas (McLennan County)
Retail Stores - Convenience Stores  |  Food and Beverage - Other Food and Beverage
Asking Price:   $425,000Inventory:   $40,000 **
Gross Revenue:   $822,993 (comments below)Real Estate:   $250,000 ++
Cash Flow:   $115,247 (comments below)FF&E:   $70,000 ++
++ included in the asking price         ** not included in the asking price
Gross Revenue Comments: 2008 annual
Cash Flow Comments: 2008
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 branded 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 2008, fuel was 36% of sales; food 14% and beer 14%. SDCF for 2008 was $115,247. Price has been reduced from $550K to $425K PLUS Inventory.
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. Has a major brand of gasoline. Ask about what is included in this opportunity. Owner owns the real property
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. Ask about what is included in this opportunity.
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 ; reduced price,gas station, cash flow, Texas, major highway, price reduction


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Business Listed By
Sandy Newkham, BCB, CBI, Fellow of IBBA  |  Brazos Business Services, Inc
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