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This 43 year old store is a well-known landmark in its growing market. The store fronts a very heavily traveled, major connecting highway and a developing commercial area, neighborhood area and recreational area. The store sits on 1.596 acres of land that includes a 3,356 sq. ft. store. The store was renovated 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 8ft. deep walk-in cooler was installed with new kitchen and eating area equipment plus two new 5-ton air conditioners etc. The store carries unbranded gas as well as sells hunting, fishing liceses, live bait, tackle, grocery items, home-made BBQ as well as an array of breakfast items and fast food. Excellent owner/operator/family opportunity. In 2009 fuel was 25% of sales; food service 13% of sales;beer 15% of sales. Neat owner/operater opportunity. Owner has health issues and needs to relocate. In 2010 gasoline gallons has increased from 9,000 gallons to 38,000 gallons due to going unbranded and adding card readers.
Please refer to listing ID: ANSS
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| Industry: |
Retail Stores |
| Industry Segment: |
Convenience Stores |
| Geography: |
United States > Texas |
| Asking Price: |
$600,000 |
| Gross Revenue: |
$709,928 |
| Gross Revenue Comments: |
2009 |
| Cash Flow: |
$126,865 |
| Cash Flow Comments: |
2009 |
| Value of Inventory: |
$40,000 (Not Included in Asking Price) |
| Value of Equipment: |
$72,500 (Included in Asking Price) |
| Value of Real Estate: |
$300,000 (Included in Asking Price) |
| Seller Financing: |
None; under SBA loan currently |
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| Year Established: |
1965 |
| Number of Employees: |
3 full time - |
| Mgmt. Training/Support: |
Owner provide necessary transitional training |
| Reason For Selling: |
Health issues |
| Facilities: |
Store sits on 1.596 acres of land with 3,356 sq. ft. of store; plus an addition 1,060 sq.ft. separate building to lease out and create additional income |
| Market Outlook/Competition: |
Because it is in a growing,developing area, there is competition in the area, particularly for gasoline; but the store offers some "special"items that has little or no competition. |
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| Name: |
Sandy Newkham |
| Email: |
bbs@brazosbusinessservices.com |
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