C-store/Beer & Wine/Gas Station in San Antonio

San Antonio

C-store/Beer & Wine/Gas Station

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Listing Details
Industry: Gasoline Stations with Convenience Stores
Title: C-store/Beer & Wine/Gas Station in San Antonio

Listed Price:

$220,000
Down Payment: $110,000

Total Sales:

$3,108,441
Owner Cash Flow: $91,725

Fixtures, Furniture & Equipment:

$50,000   (Included in listed price)

Inventory:

$80,000  
Financing / Terms:
Owner financing available with 50% cash down.
Reason for Sale:
Relocation (Owner is moving back to Dallas).
Training & Support:
Relocation (Owner is moving back to Dallas).

Real Estate Available

Yes
Sales Breakdown
$55k Inside/30k gal. Outside per Month
 
Executive Summary
Business Description:
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-tore 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. BUSINESS AND REAL ESTATE ARE AVAILBALE FOR $795,000.
Historical Summary:
Established in 1988 and acquired by the current owner in 1994.
Owner Qualifications:
New owner has to be qualified for SBA liquor license.
Competition:
Located in the prime street with high traffic counts.
Potential for Growth:
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.
Customer Base
Neighborhood customers.
 
Operations

Year Established:

1988
Year of Last Acquisition: 1999
Form of Ownership: Sole Propriertorship
Franchise Information: 7am-11pm (Sun - Thurs) / 7am-12am (Fri& Sat)
Number of Employees: 6 FT
   
Location
Type of Location: Stand-alone
Square Footage: 1848
Facilities / Location Description:
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.
Monthly Rent: $3,000
Lease Expiration: 6/30/2014
Option: Yes
Terms and Conditions: 5 Years

Included in Monthly Rent

NNN

Home Based

No