Corsicana Gas Station C-Store & Car Wash For Sale

Business description

This gas station location has been in operation as long as anyone in town can remember. It currently operates without a brand and has 6 pumps. In addition to the fuel, there is a convenience store complete with a Hunt Brothers pizza kitchen, as well as a coin-operated, three-stall car wash adjacent to the main building. The operation s revenue is almost split 50/50 inside/outside, and includes Texas Lottery and a private ATM machine. The current owners purchased the location two years ago and put close to $75,000 in upgrades into the facility. They installed new fuel lines, blender pumps and dispensers, as well as a $20,000 Passport POS system.

Property information

Real Estate:

Real Property Included

Other information

Expansion potential:

As mentioned, signing on with a fuel brand has some positives that can include upgrades to the facility and brand name recognition. Additionally, the owners have considered expanding the store to increase retail space and variety of products, as well as adding more prepared food, such as a cold deli.

Competition / Market:

Location is the biggest advantage this operation has over the other two stations in the area they sit right in the middle of town, rather than on the outskirts, still on the main drag through the city. An opportunity that can be considered a strength is to contract with a brand for fuel. They have been approached by a few brands wanting to invest dollars into the station to upgrade it, in exchange for a fuel agreement. So far they have chosen to remain independent, but have considered this option.

Support & training:

Seller will provide training as needed by the buyer.

Reasons for selling:

Retirement

Owner financing:

Owner financing is available. Please contact the seller for more information.

Financing available:

Seller will consider all financing proposals

Furniture / Fixtures value:

$50,000 (included in the asking price)