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Retiring business owner looking to sell business (real estate for lease only). I have owned and operated convenience stores in South Texas at various times since 2007. I sold one business in 2020 and am selling my second business now. This is a high volume convenience store that caters to local population and does great margins on deli food (including pizza, burgers, etc). Great connection with local community. Gas tanks and canopy were removed few years ago. We can discuss options if you want to sell gas. Avg Monthly Figures Inside Sales $85,000 Gross Profit Margin 37.5% Gross Profit $31,875 Lotto / ATM Income $3,000 Expenses (incl. Payroll*) $11,500 Rent $9,000 Monthly Take Home $14,375 Annual take home after rent, expenses, and payroll is $175,000. We removed all tanks and dispensers in 2019/2020 so these sales are all without gas. I can put in new tanks/dispensers if you wish and we can discuss financing. Store has no brand today and is approved for Valero brand. This sale is for business only with rent. Does not include property. Sale price is $300,000 and monthly rent of $9,000. *All buyers should use their own expense budgets. Owner’s historical expenses are not a representation of expected future results. Sales reports will be provided during due diligence. Location: Hebbronville, Texas Year Established: 2007 Number of Employees: 5 Real Estate: Leased Rent: $9,000.00 Per Month
Listed: Apr 7, 2022
Updated: 4 days ago
Views: 12
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