Unique Streamlined West Texas C-Store

, Texas 9 views 0 favorites

Financial Highlights
Asking Price
$770,000
Revenue
$1,962,264
Business Description

MOTEDVATED SELLER of a C-Store located West of Odessa, Texas, this listing features a unique convenience store offering a wide range of items like wine & beer (45%), tobacco products (45%), and other snacks or fountain drinks (10%). Open since 2004, the business specializes in having their trained and TABC-certified attendants serve each customer. Benefitted by stable income and a high average growth rate, Total Revenues for 2020 reached amounts of $2,079,265 alongside Seller Discretionary Earnings of $233,595, based on an independent evaluation! Assisted by a skilled team of nine nonunion employees agreeing to remain post-purchase, the company is ready to continue owner absentee operations during aso smooth transition period of up to twelve months. Thanks to a 10 hour work week, new management can enjoy flexibility with streamlined duties and expansion opportunities with aggressive marketing strategies such as online presence and a website. An NDA will be required, so PLEASE,do not contact me by phone! Location: Ward County, Texas Year Established: 2004 Number of Employees: 7 Real Estate: Owned Building Sq. Ft.: 11,880 Facilities: The facilities total 11,880 square feet and feature 1,000-sq. ft. of administrative space, as well as 5,000-sq. ft. used for warehousing and extra office space. In great condition and able handle extra capacity, the property is situated over 0.8 acres of land and can be leased out or purchased separately of Asking Price. If desired, adjacent property is also available. Market Outlook/ Competition: • Niche’ industry • Operation focused on quality • Drive Thru with Attendants • Repeat Customers • Strong local reputation • Accessible from Interstate Highway 20 • 16 years of ongoing business Growth & Expansion: The property IS commercially zoned for fuel. An application with Tceq or whichever arm of the state would be required. The owner of the Express C-Store who leases the facility also owns the property adjoining the Express C-Store property. It is approximately 1/3 acre with a 3750 Sq. ft. office building that is currently leased. For fuel sales, the building would need to be demolished to make more room. That property is available for $400,000.

Business Details
Industry:
Restaurants & Food
Real Estate Included:
No
About the Seller
AU
Admin User
6498
Active Listings
New
Member Since

Listed: Apr 18, 2022

Updated: 5 hours ago

Views: 9

Favorites: 0