Texas Business For Sale

Gas Station/Convenience Store/Car Wash

Near Corsicana, TX

Auto & Mech: Services & Gas Stations

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$600,000
$1,948,172
Not Disclosed
$123,609
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1950
7
42539662

Business Overview:

This gas station location has been in operation as long as anyone in town can remember. It currently operates without a brand and has 6 pumps. In addition to the fuel, there is a convenience store complete with a Hunt Brothers pizza kitchen, as well as a coin-operated, three-stall car wash adjacent to the main building. The operation s revenue is almost split 50/50 inside/outside, and includes Texas Lottery and a private ATM machine. The current owners purchased the location two years ago and put close to $75,000 in upgrades into the facility. They installed new fuel lines, blender pumps and dispensers, as well as a $20,000 Passport POS system. For further information, please complete our Non-disclosure Agreement at http://www.vrbigd.com/nda. Jeremy Furtick can be contacted by email at jeremy@vrbigd.com or by phone at 972-792-0100. “For up-to-the-minute business updates on VR's current, new and pending listings, follow VR at http://www.twitter.com/vrhuntingtonbg.”

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Market Competition and Expansion:

Location is the biggest advantage this operation has over the other two stations in the area they sit right in the middle of town, rather than on the outskirts, still on the main drag through the city. An opportunity that can be considered a strength is to contract with a brand for fuel. They have been approached by a few brands wanting to invest dollars into the station to upgrade it, in exchange for a fuel agreement. So far they have chosen to remain independent, but have considered this option. As mentioned, signing on with a fuel brand has some positives that can include upgrades to the facility and brand name recognition. Additionally, the owners have considered expanding the store to increase retail space and variety of products, as well as adding more prepared food, such as a cold deli.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.
 

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