MergerPlace

Convenience Store

Texas


  • Asking Price: $825,000
  • Gross Income: $2,399,250
  • Cash Flow: $255,418
  • Real Estate: $400,000
  • Inventory: $50,000
  • FF&E: $72,500
  • Listing ID: #201401
  • Established: 2010
  • Employees: 7 FT

Business Description

Well established and profitable convenience store with high visibility. Non-branded gasoline, owner owns pumps, good inside sales with food service available and near the area high school for students to grab lunch. Centrally located in the Permian Basin of West Texas. Now is a good time to buy before oil field reaches its peak.


Business Details

Primary Business Category: Retail Trade - Food & Beverage Stores
Location: Texas

Company Information

Year Established: 2010
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 7 FT

Financial Information

Asking Price: $825,000
Gross Revenue: $2,399,250
Cash Flow: $255,418
FF&E: $72,500
Inventory: $50,000
Real Estate: $400,000
Seller Financing Available: No

Property Information

Facilities:

Store is located on the west end of town on a highly traveled road by the oil and gas industry. Building is a strip center and includes additional space for storage or retail expansion.

Growth & expansion opportunities:

Ideally situated, this convenience store is poised for new owner's growth. Expanding services to include liquor sales, extending daily operating hours, open Sundays and stronger marketing efforts in local area.

Competition:

Low competition in the immediate area.

Reason for selling:

Owner is ready to retire.

Support & Training:

Will train 2-4 weeks @ no cost. No licenses required for day to day operations but must obtain City and other permits as needed.

Contact Business Seller

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Business Listed By:

David Powell

Murphy Business Brokers