Owner Financing is Available
Business for Sale Overview:
Well-established convenience store located in Fort Worth is now for sale. Without selling any money orders. check cashing, and wines, the store has been generating consistent sales over the past years, averaging $28-30k sales a month. However, by adding those untouched lines of business, new owner could potentially grow this business. For instance, the store once has done $51,000 sales a month in 2000 which was before the owner actually canceled the wine license. As the stand-alone building used to be a restaurant facility, it could also start a deli by re-connecting the vent hood system along with 3 compartment sink, hand sink already in place in the store. Being located in the hub of over 95% Hispanic market, adding tacos, tamales, and etc. to the deli could be a good revenue source along with check cashing and money order business.
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.
Property Features and Assets:
Being occupied in a 1,398 Square Feet of stand-alone building on a busy street. Convenient drive-through attracts a lot of drive-by customers to this store. Tower signage makes the store highly visible.
Furniture, Fixtures & Equipment: $27,000 (Included in listed price)
Inventory: $25,000 (Not Included in listed price).
Market Competition and Expansion:
Competition: There 2 direct competitors who have been in this market together for over 10 years.
Growth & Expansion: There are much room for growth. First, current owner is not selling wines at all but beers only. New owner could add wine license to boost sales. Also, current owner does neither money order nor check cashing while all his competitors do those and do very well. Again, new owner can grow the business by tapping these untouched lines of business. Lastly, since this free standing building used to be a restaurant facility, it already has system in place that a small deli can be added. Adding the deli could be another potential growth opportunity.
Reason for Selling:
Tired for Having been in same business for last 16 years. Desired to shift into other type of business that requires less hours.
Additional Details:
- The property is leased.
- 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.