| Asking Price |
$2,500,000 | Inventory |
$180k** |
|---|---|---|---|
| Gross Income |
$769,200 | Real Estate |
Included** |
| Cash Flow |
$549,400 | Year Established | 2001 |
| FF&E |
N/A | Employees | 8 |
* included in the asking price
** not included in the asking price
You need to sign a non-disclosure agreement to get more information. Capital One Bank appraisal for only the real estate is 2.3M. Qualified buyer needs at least 500K to qulified for the loan. The price 2.5 Million does not include the inventory (Inventory can be reduced to help the buyer to purchase, no finance on the inventory). Owner is NOT considering selling the business or lease to purchase. Owner will not entertain any buyer who identify himself as a buyer inside the store. Owner will not talk to buyer directly. For any questions please send email to vivian2008business@yahoo.com.
Facilities: Land is >= 0.6 Acre. Size of the store: 3800sqft. Building built in early 2000's. All facilities and equipment are top liners and constantly maintained. 12 MPDs/VPC scanner. Gas contract has 11 yr with jobber at 1.5 cent/Gal. Canopy & building looki like new. Easy in and out driving. There is a car wash but it is not working. There is an extra land next to the property can be purchased and build into a retail shopping strip.
Competition: This is one of the 2 gas stations located in two major highways intersect in north Collin county. The store is located on the rush hour side attracts more customers. The store operates in 24 Hrs.
Growth/Expansion: The area is with more Hispanic customers, increase more check cashing business is a great increase of the profit. The land(not included in the 2.5M price) next to the property is availalbe for new buyer to buy at a price and do a expansion of a shopping strip.
Financing: No Owner Financing
Support/Training: Owner will provide training.
Reason Selling: Profitable store for years, owner ready moves back to hometown

Vivian Maass (Agent)
Pacific Century Business Brokerage
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