C-Store w/ Franchise Sandwich with Drive-Thru

Not Disclosed, TX
Tarrant County

North West Dallas


Asking Price: Annual Revenue:
$270,000 $1,082,990

Food & Beverage: Convenience Stores


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RE: C-Store w/ Franchise Sandwich with Drive-Thru Broker: Kevin Chung
License #: 567204
Owner Financing is Available!
100% down at the time of closing OR 25% Seller Financing of the Sales Price excluding the Inventory.

Quick Facts

Asking Price: $270,000
Annual Revenue: $1,082,990
Net Profit: Not Disclosed
Cash Flow: $175,562
Total Debt: Not Disclosed
FF&E: $100,000
Real Estate: Not Disclosed
Year Established: 2012
Employees: 10
BBN Listing #: 684119188
Broker Reference #: 001140

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Business Overview:

A stand-alone convenience store with an integrated franchise sandwich shop located on a prime intersection is now available for your acquisition. This establishment resides on a busy main street of a North-West Dallas suburb, across from an exceptional car wash, car maintenance center, used car dealership, and several other franchise fast-food restaurants. This business' intersection is a mini-hub for car-associated services, thus making this establishment's products, especially gas, necessary in facilitating neighboring businesses. This mutualistic relationship with local shops residually gives this convenience store generous foot traffic. The main street lacks intersections; therefore, commuters have fewer opportunities to stop and fuel their vehicles. Conversely, these seemingly unfavorable conditions become a boon to this convenience store. The lack of intersections, meaning a lack of gas stations, allows this business to monopolize a two-mile strip of this main street. The most attractive aspect of this facility is its fluidity and ergonomic design. With four entrances and a drive-through for the sandwich shop, this business has an intuitive design, making it easy for the local commuting individuals to access its services. The gas station is facilitated by the leading global oil company and therefore provides excellent quality gas and competitive gas prices. This establishment sells about 40,000 gallons of gasoline a month at a $0.03 per gallon commission rate, accrues $45,000 in monthly net sales from the sandwich shop and inside store goods, and receives $3,000 a month from other income such as commission from the ATM, lottery tickets, and other rebates. The landlord manages all gas-related facilities and POS computer systems in exchange for the flat commission rate, alleviating the inconvenience of additional managerial duties for the owner. Competitors in the area pose no threat to this business due to these aforementioned qualities.

This establishment was renovated in 2018 and sports a clean, cool gray exterior and brandishes large franchise signage that is eye-catching from the main streets. The interior is efficiently organized and is a welcoming sight to customers. Additionally, the franchise sandwich shop inside the store is an undervalued asset that most prospective buyers may gloss over. The franchise sandwich shop specializes in bacon, grilled cheese, Sicilian style meat, Tuscan Style, chicken, smoked cheese, beef, turkey, and premium Angus beef style signature sandwiches. With a disparity of fresh food options in the area, this sandwich shop is a superior alternative for local patrons on the go who are looking for a fresh lunch.

Much of the customer base consists of affluent, upper-middle-class individuals that live in neighboring residential areas. Both the convenience store and sandwich shop synergize with each other, providing and sharing customers from the affluent neighborhoods. While many positive things can be said about this prime location C-store, the new acquiring owner can push this business to its fullest potential through internet marketing, establishing an online presence, utilizing door-to-door pamphlets, and promotional deals to neighboring businesses.

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Property Features and Assets:

The 1,550 SF franchise sandwich shop is located beside the c-store and provides extra customers to this 1,897 SF prime location c-store and vice-versa. All equipment is state-of-the-art and in impeccable condition. The gas station is featured with 12 top-of-line gas pumps. / Inventory: $70,000 (Not Included in listed price).

Market Competition and Expansion:

Competition: As this business is a c-store w/gas, competition is not avoidable but this gas station is backed by the largest oil company in the world and provides one of the most competitive gas pricing in the area. Competition for the sandwich store is also expected, but there shouldn't be any issue due to the convenience of a combined gas station and sandwich store that provides all needs to any individual. / Growth and Expansion: The prime location of this business provides very effective marketing, but using enticing promotions inside the store will lead to a huge increase in in-store sales and the franchise sandwich store. Combined promotions for both stores could work to increase sales through synergy of daily deals/weekly deals. Proactive involvement of the owner will also benefit the business quite tremendously. Also the owner will make commission from gas sales without the worry of credit card fee, outside gas maintenance, and inside POS System (Landlord will take care of these) which is currently at $0.03 per gallon commission. This will motivate the owner to put more effort in gas sales to bring in more traffic to this c-store.

Reason for Selling:

The current owner is seeking other opportunities.

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 a franchise resale opportunity.

Documents:

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