Seller Financing Available
2 Store Package Deal For Sale At A Great Price near Waco, Texas!
2 Store Package Deal For Sale At A GREAT Price near Waco, Texas!
2 Store Package Deal For Sale At A GREAT Price!
Two gas stations available West of Waco, Texas. Good, safe locations, country town atmosphere but nearby to Waco, Texas so you are not far from a big city. No other store in this town except these 2 owned by same owners.
Option available to buy any one individually too but seller prefer someone buys both as a package deal.
This city was always DRY, No Alcohol was permitted until recently. Seller spend $45,000 on getting beer approved (all invoices available). Beer sales started in July 2014 in one store and in August 2014 in second store.
July 2014 sales for Both stores are below: (Sellers pay 100% sales tax so all sales are on paper and verifiable)
Combined Monthly Inside Sales: $90,000 monthly with high margins due to deli/cafe
Combined Monthly Fuel Volume: 20,000 gallons @ 15 cents per gallon (No competition)
Additional Income from Lottery & ATM from both stores: $1,500
Beer/Wine sales just recently allowed (2 months back) for these locations, numbers will go up quickly. Both stores combined sales expected to more than $115,000 plus by next summer since stores are across the street from each other, you are your own competition.
Reason For selling: Seller lives in Dallas, Texas. 100% absentee owner stores.
Will need Signed NDA for this deal. Interested buyers MUST NOT talk to anyone at the location.
Asking Price for Property for BOTH stores: $800,000 + Inventory.
Or $400,000 + Inventory each.
Seller will consider owner financing with reasonable down payment and Inventory money upfront, so NO BANK LOAN HEADACHE
$225,000 + Inventory for BOTH locations - BUSINESS ONLY
Goodwill for each location, individually: $110,000 + Inventory
Rent: $3,000 plus Triple Nets (+/-$500) for each location
NOTE: SELLER HAS VERY HIGH PAYROLL AND EXTRA MANAGEMENT FEE TO MANAGERS BUT HANDS ON OPERATOR CAN REDUCE PAYROLL BY 25% SINCE THEY WILL NOT NEED MANAGERS AND EXTRA BACK UP STAFF TO RUN STORES
Basic Approximate Income/Expense Numbers for both stores combined:
$90,000 @ 40% mark up (Deli Sales $37,000 out of $90,000 sales) = $36,000 (Beer Sales full effect yet to come)
Fuel Volume: (Both stores): 20,000 gallons @ 15 cents= $3,000
Gross Profit: $40,500 (No check Cashing, No food stamps, No Amusement Machine)
Expenses for BOTH stores combined:
Payroll for both stores: $13,800
Payroll Tax: $1,000
Approximate Mortgage: $4,800 (Rent Option $6,000 + Triple Nets)
Property Taxes: $1,000
Credit Card Fees: $2,500
Misc. Expenses: $1,500
Total Expenses: $28,400
Net Income for a new Buyer According to Seller: $12,100
- Once Beer sales full effect comes in by next Spring/Summer, Check Cashing started (lot of industries around it where lot of people work), Amusement Machines etc Net income is bound to go up).