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37751 - Unique Streamlined West Texas C-store For Sale

Odessa, Texas, US
Asking Price:
$770,000 (USD) Furniture / Fixtures and Inventory / Stock included
Sales Revenue:
$2,079,265 (USD)
Cash Flow:
$233,595 (USD)

West of Odessa, Texas, this listing features a unique convenience store offering a wide range of items like wine & beer (45%), tobacco products (45%), and other snacks or fountain drinks (10%). Open since 2004, the business specializes in having their trained and TABC-certified attendants serve each customer. Benefitted by stable income and a high average growth rate, Total Revenues for 2020 reached amounts of $2,079,265 alongside Seller Discretionary Earnings of $233,595, based on an independent evaluation! The facilities total 11,880 square feet and feature 1,000-sq. ft. of administrative space, as well as 5,000-sq. ft. used for warehousing and extra office space. In great condition and able handle extra capacity, the property is situated over 0.8 acres of land and can be leased out or purchased separately of Asking Price. If desired, adjacent property is also available. Assisted by a skilled team of nine nonunion employees agreeing to remain post-purchase, the company is ready to continue owner absentee operations during a smooth transition period of up to twelve months. Thanks to a 10 hour work week, new management can enjoy flexibility with streamlined duties and expansion opportunities with aggressive marketing strategies such as online presence and a website. Besides reliance on verbal referral sources and excellent street visibility, advertising efforts have used seasonal local newspaper promotions, appearances on Yelp and the Yellow pages.

Property Information

Real Estate:

Lease

Lease Terms:

Holds a monthly tenancy of $6,600.

Location:

Real Estate valued at $1,400,000 is available for optional purchase separate of Asking Price!

Premises Details:

Additional Property is also available for sale if interested!

Size in square feet:
11,880+/-

Business Operation

Expansion Potential:

Owner-Absentee and Streamlined operations are achievable.

Reasons for selling:

Approaching retirement and/or pursuing other interests.

Trading hours:

Monday to Friday from 10AM - 7PM.

Employees:
9 nonunion.
Years established:
2004

Other Information

Support & training:

Smooth Owner Transition period of up to 12 months.

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

Negotiable up to 20% for the right buyer.

Furniture / Fixtures value:
$261,747 (USD) - included in the asking price
Inventory / Stock value:
$59,833 (USD) - included in the asking price

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