Description

This branded gas station and convenience store is located on the feeder road that parallels a major east to west expressway that leads to Bush Intercontinental Airport. The store has been in operation for 39 years. In 2009 a new 20,000 gallon underground gas tank with two storage chambers was installed with an integrated automatic inventory measurement system, 2 pumps with 2 nozzles each and a canopy. In 2014 the C-store building was expanded to 1200sf and the store interior was remodeled. The C-store is open 19 hours per day 7 days a week. Average inside sales per month is $27,204 and average gallons of gas sold per month is 34,624. The store customer count was 145,000 in 2015. This is a rare opportunity to own a well-established, clean gas station and convenience store. This business would make an excellent family owned and operated business. The seller will train and help with transition. The buyer can purchase the real estate at the time of closing for $250,000 or can lease the property for $2,000/month triple net for 5 years with a lease option for an additional 5 years at a market rate. The seller will also provide the buyer with an option to purchase the property during the initial 5 year lease term. Please refer to Listing #7911RD.

Posted Sep 21, 2015

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