Absentee-Run Convenience Store w/ Huge Growth Potential
Business Description
ESTABLISHED CONVENIENCE STORE - GRAND PRAIRIE, TX
Exceptional opportunity to acquire a convenience store with significant upside potential in Grand Prairie, Texas. This absentee-owned business presents an ideal turnaround opportunity for a hands-on operator ready to restore sales to historical levels.
BUSINESS OVERVIEW
Currently generating approximately $10,000 monthly in sales under absentee management, this convenience store previously achieved $25,000-$30,000 monthly during 2023-2024 under tenant operation(Lot higher sales back in 2017/2018). The business has been impacted by inconsistent management, reduced hours, and temporary service interruptions, creating substantial opportunity for improvement.
REVENUE STREAMS
- Core convenience store sales (current: ~$10,000/month)
- Extra income: $10,000-$12,000/month
- Kitchen rental income: $1,000/month from tenant operator (kitchen started in Aug)
- Lottery services (recently resumed in August 2024)
GROWTH OPPORTUNITIES
Immediate revenue enhancement potential through:
- Restocking inventory and optimizing product mix
- Adding EBT, money transfer, and check cashing services
- Extending operating hours and improving customer service
- Cross-promoting with kitchen tenant for increased foot traffic
- Expanding lottery and food offerings
With proper management and basic improvements, monthly sales could potentially double or triple within months based on historical performance.
LOCATION
Strategically located in Grand Prairie, Dallas County, in a high-traffic area surrounded by residential neighborhoods providing steady customer base.
FINANCING OPTIONS
Option 1: Purchase - $425,000 (includes real estate and business)
Option 2: Lease - $3,500/month (tenant retains $1,000 kitchen rental income)
This turnkey opportunity combines established infrastructure with significant upside potential for the right operator willing to implement proper management practices.
Exceptional opportunity to acquire a convenience store with significant upside potential in Grand Prairie, Texas. This absentee-owned business presents an ideal turnaround opportunity for a hands-on operator ready to restore sales to historical levels.
BUSINESS OVERVIEW
Currently generating approximately $10,000 monthly in sales under absentee management, this convenience store previously achieved $25,000-$30,000 monthly during 2023-2024 under tenant operation(Lot higher sales back in 2017/2018). The business has been impacted by inconsistent management, reduced hours, and temporary service interruptions, creating substantial opportunity for improvement.
REVENUE STREAMS
- Core convenience store sales (current: ~$10,000/month)
- Extra income: $10,000-$12,000/month
- Kitchen rental income: $1,000/month from tenant operator (kitchen started in Aug)
- Lottery services (recently resumed in August 2024)
GROWTH OPPORTUNITIES
Immediate revenue enhancement potential through:
- Restocking inventory and optimizing product mix
- Adding EBT, money transfer, and check cashing services
- Extending operating hours and improving customer service
- Cross-promoting with kitchen tenant for increased foot traffic
- Expanding lottery and food offerings
With proper management and basic improvements, monthly sales could potentially double or triple within months based on historical performance.
LOCATION
Strategically located in Grand Prairie, Dallas County, in a high-traffic area surrounded by residential neighborhoods providing steady customer base.
FINANCING OPTIONS
Option 1: Purchase - $425,000 (includes real estate and business)
Option 2: Lease - $3,500/month (tenant retains $1,000 kitchen rental income)
This turnkey opportunity combines established infrastructure with significant upside potential for the right operator willing to implement proper management practices.
About the Business
- Facilities & Assets
- Asking Price: $425,000 (Property Included)
OR
Lease Option: $4,000/month (Tenant keeps $1,000/month kitchen rent income) - Opportunities for Growth
- Re-stock inventory and optimize product mix
Add EBT, money transfers, check cashing
Improve hours and customer service
Promote kitchen partnership for cross-sales
About the Sale
- Seller Motivation
- Absentee owner
- Financing Options
- Asking Price: $425,000 (Property Included) OR Lease Option: $4,000/month
Listing Info
- ID
- 2418341
- Listing Views
Listing ID: 2418341 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. See our full Terms of Use. Learn how to avoid scams.