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Seven Eleven & Texaco For Sale
Location Texas,United States
Asking Price Range $1.0M - $2.5M
Gross Revenues $3998164
Net Profit / Cash Flow $264836
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1998
Number of Employees 6 - 9
Relocatable No
Number of Employees 6 - 9
Real Estate Owned
Training Seller will train buyer for a smooth transition.
Reason for Sale Seller cannot focus on the business as he has to travel to overseas frequently.
Description High inside sales volume Seven Eleven convenience store that features Texaco gas station and car wash is now available for acquisition. The inside store sales for seven eleven c-store is $130K a month which is still in growing phase and outside sales for Texaco gas station is around 70-80K gallon per month. This Seven Eleven c-store offers a wide range of product which resulted in a consistent sales increase ever since its conversion to Seven Eleven system in the late 2010. The sale includes real estate which values over $1,800,000. The cost of goods are running at 70% which is astonishingly great as a store that sells lots of beer & wine which are known as low-margin products, and this high margin was able to be achieved thru a variety of high margin products carried by Seven Eleven from coffee and hot dogs to slurpee. Current owner's involvement in the store operation is very minimal therefore; there is still a lot of room that can be improved by more actively involving in the store operation. This is a great opportunity to acquire a Seven Eleven convenience store that features Texaco gas station, car wash, and real estate.
Asking: $1,900,000
Furniture, Fixtures & Equipment: $200,000 (Included in listed price)
Inventory: Not Disclosed
Real Estate: $1,800,000 (Included in listed price)
Financing: 20% cash down thru SBA or conventional Lender.
Facilities: 3,977 SF of convenience store building is situated on over a 69,000 SF of land located right on highway access road of U.S. major that produces tremendous traffics on a daily basis. All inside store and inventory are owned by Seven Eleven Corporate.
Competition: Two direct competitions are found within competing area.
Growth And Expansion: Sales are growing consistently in this recession. Boosting car wash sales by offering discounts with gas purchases can be another source of income.
Primary Phone: 972-247-3202 or 866-519-2421
Click Here To Contact Seller
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