This is a very good store, well run, clean and neat. The location is very good being at a red light on one of the 4 corners. The town is located in North Texas. The town has a population of 25,000 residents.
Here are the numbers for business purposes;
Sales - Just under 1 million inside the store, or $80k plus monthly
Sales - above sales do not include ATM, air machine, phone cards, check cashing, rebates, machines
Lease - 8 years remaining, $3,800 per month, owner of the property will extend if desired by buyer
Margins - Cigarettes at 20%, beer/wine 22% to 25%, these two items make up just under 50% of sales
If you are knowledgeable of convenience stores, you know that the other 50% of sales are 40% to 70% margins.......overall margin averages 32%
Gas - branded Valero, has two MPD's, selling 23k to 25k gallons monthly at avg margin of .13 cents
Finally, I am not a Broker. I am a Consultant to the Convenience Store Industry, I have owned over 50 stores and have participated in the buying and selling of over a hundred when counting family stores too. I know my business. This is an excellent opportunity. My specialty in the Convenience Store Sector is helping buyers more often than sellers. My company does the ''due diligence'' to prove out a sellers information.My point to you is this, if you are considering buying a c-store in your future,mother than this store, I can represent your interest and make sure you are buying a legitimate business. My #936.635.8316. Email or call about buying this C-Store for sale or how I can
help you buy another.