Convenience Store with Cafe & Good gasoline volume

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

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
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.
Name:  Sandy Newkham
Email:  bbs@brazosbusinessservices.com

 

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Brazos Business Sevices
6515 Sanger Ave., Suite #22
Waco, Texas 76710
Voice: (254) 751-1177 ~ Fax: (254) 751-1102
www.brazosbusinessservices.com ~ bbs@brazosbusinessservices.com


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