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Business For Sale Listing 155108

Beer & Wine C-Store with Gas Station

Status as of Nov-21-2008 at 05:59 PM: Off The Market

Business Summary

Beer & wine convenience store with gas station established in 1988 is now available for acquisition. Located in a corner lot of high traffic intersection, the high visibility of the the store draws a lot of customers. The store is selling from beer & wine to general c-store items like cigarettes, snacks, etc., beer & wine of which are the best selling items in the store. The current owner does not have any contract or obligation with any name-brand gasoline company which grants new owner a flexible option in case that the new owner desires to go with a name brand gas.

FURNITURE, FIXTURES & EQUIPMENT: $50,000 (included in listed price)
INVENTORY: $100,000 (not included in listed price)
Real estate: $750,000 (included in listed price)
FINANCING: third party financing with 25-30% cash down.

FACILITIES: two separate building, one for c-store and the other for office and storage, are situated on 12,070 sf of land located in a high visible corner lot of a high traffic intersection. C-store and the office/storage building are reportedly occupied in a 1,848 sf and a 740 sf, respectively.
COMPETITION: located in the prime street with high traffic counts.
GROWTH AND EXPANSION: the current owner is in the process of updating gas pumps to that of new version. Also, new owner chooses to go with brand-name gas so to draw more customers for outside gas sales thereby increasing inside sales as well.
SUPPORT/TRAINING: seller is willing to provide training for a smooth transition.
REASON SELLING: relocation (owner is moving back to dallas).
YEAR ESTABLISHED: 1988
EMPLOYEES: 6ft


Categories

Industry:
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Industry

Sector: Retail Trade
Industry: Convenience Stores

Location

Classification: United States // Southwest States // Texas // San Antonio
Location: San Antonio

Financials

Sales: Between $2.5 Million And $5 Million   ( $2,745,989 )
Profits: Not Disclosed
Profit Type: Cash Flow
Asking Price: Between $500 Thousand and $1 Million   ( $895,000 )
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