Business For Sale

C-Store w/Checking Cashing in Houston area

Houston, TX
Harris County

Houston area


Asking Price: Annual Revenue:
$299,000 $487,175

Food & Beverage: Convenience Stores


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RE: C-Store w/Checking Cashing in Houston area Broker: Chris Adkins

Quick Facts

Asking Price: $299,000
Annual Revenue: $487,175
Net Profit: Not Disclosed
Cash Flow: $201,093
Total Debt: Not Disclosed
FF&E: $87,800
Real Estate: Not Disclosed
Year Established: 1977
Employees: 3
BBN Listing #: 403513260
Broker Reference #: 8084CA

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Business Overview:

This well-established foodmart/convenience store has been operating profitably for multiple decades in a densely populated area of South Central Houston. Store sells food, groceries, lottery tickets, beer and wine. Current owner has been building and expanding this family owned business for 10 years. The business boasts a large dedicated customer base in both grocery sales and check cashing. The store is currently being run absentee by the owner who can no longer dedicate time and energy to growing and operating it. The store has a consistent cash flow from internal subleases to other small businesses that offer a variety of services and draw in an even larger customer base. Consistent revenues and earnings year over year. Sales price includes $30,000 of inventory. Priced for payout in less than two years! Buyer will need at approximately $120,000 in working capital to properly run the check cashing operations. Business is C-Store only, site does not have pumps for fuel. Please refer to CBB Listing #8084CA

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Property Features and Assets:

2,600 square feet facility in shopping center.

Market Competition and Expansion:

Expand inventory. Owner-operator. Advertising.

Reason for Selling:

Leaving country to tend to other businesses.

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.

Documents:

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