Asking Price: $525,000

Gross Revenue: $2,203,000

Cash Flow: $153,000

Inventory: $80,000 (Not Included in Asking Price)

FF&E: $98,500 (Included in Asking Price)

Real Estate: $474,000 (Included in Asking Price)

Seller Financing: Due to the high value of the assets a local bank will consider financing 75% to 80%. SBA will finance 80% to 85% depending upon the buyer.

Located about 30 miles from Dallas. The business was originally established in 1958 by the owner�fs father. It is well known and is located on a prime real estate site. Major Brand Gas - 50,000 Gal. per mth. @ 10.9 cents per gal. margin. ($1.7M Gross yr.)
Convenience Store - $40,000 gross per mth. @ 30% margin. ($480,000 Gross yr.)
Utility Payment Center - Nets about $1,400 per month ($16,800 per year).
Lottery Sales - Nets about $750 per month ($9,000 per year)
Additional Services - (ATM, Money Orders, Notary, Copies, Faxes) Net about $2,800 per year.
Restaurant - Rented to an operator. Rent revenue is $16,500 per year + percentage.
Potential Additional Restaurant Profit - If the station owner operated the restaurant it could possibly net an additional $30,000 per year. This would increase the annual cash flow to about $153,000.
The majority of the business is from local residents that are repeat loyal customers.

Year Established: 1958

Employees: 5 full time - 2 part time

Facilities: The business is located on a site that is approx. 30,000 sf.5,600 sq. ft. The store has 4 walk-in coolers, restaurant equipment, an ATM machine and the necessary fixtures to operate such a convenience store. There are five fuel storage tanks and 3 MPDs. FF&E includes ATM machine.

Market Outlook and Competition: The station has an excellent location and although there are other stations in the area, this station offers a full range of products and services that sets it apart. The business has a loyal customer base. In spite of the current sales volume, a new owner should be able to increase the business. The current owner has been operating the business primarily on an absentee basis for the last few years due to his other business. A full time owner/operator could increase the business and control expenses better.

Management Training and Support: Seller will provide appropriate training during the transition period.

Reason For Selling: Seller is also a fuel jobber and wants to semi retire.