37460 - C-Store, Restaurant, Deli, Tackle and Gasoline

TX

Seller Financing Available
37460 - C-Store, Restaurant, Deli, Tackle and Gasoline
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Asking Price: $994,000

Cash Flow: $77,000

Gross Revenue: $1,050,000

EBITDA: N/A

FF&E: $50,000

Inventory: $150,000

Real Estate: $500,000

Established: 1987

37460 - C-Store, Restaurant, Deli, Tackle and Gasoline

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Business Description

ALL INCLUSIVE! Operating from its headquarters in rural East Texas this listing offers a retail business. This Convenience Store (50%), Fuel Station (30%) and restaurant (20%) serves the local community. The restaurant offers American food and includes a deli. The convenient store offers a variety of products including sundries and fishing, bait and tackle. The gas station sells unleaded fuel and diesel. The company operates from a 4,000-square foot facility, which is included in the asking price. The facility is equipped with fuel pumps, c-store, kitchen and dining area, as well as parking for customers and employees. Despite 9 years of major highway construction, the business has grown. Construction is nearly completed which the four lane addition should double street traffic and customers! This outstanding business will be updating the refrigeration system and parking lot. The company has a proven track record, supported by the 30 years of ongoing business.
Consistent profitability - Strong reputation - Low competition - Operation focused on quality - Untapped revenue source from Lottery - Recent property improvements adds $150k in property value: New Concrete Parking Lot, New LED Canopy Lighting, Now estimated over $500k, Upcoming Refrigeration Upgrades - Absentee ownership possible - Owner Financing Negotiable.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
N/A
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Support & Training:
The owners are flexible for transitioning period. The employees would be staying on.
Reason for Selling:
Approaching Retirement
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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