Businesses For Sale > Business For Sale in Denton County, Texas, Texas (TX)

C store gas restaurant - 20206 for sale in Denton County, Texas, TX

Denton County, Texas, Texas (TX)

Business Summary: Branded gas, c store and restaurant on corner of busy intersection. Canopy over pumps and clean, attractive appearance inside and out. Well maintained and very attractively merchandised including good variety of beer and wine. Large walk incooler and plenty of storage. Compact commercial kitchen does a steady business serving good food at a good value, eat in or take out. High residential density as is surrounded by several thousand apartments providing steady flow of repeat customers,commuters and walk in traffic. In 2008 this store was doing about $60,000 a month gross. Due to owner/manager difficulties sales dropped to about $15,000 a month. This new team purchased the store about one year ago. Applying capital, hard work and careful management they have doubled monthly gross to approximately $35,000. The opportunity for much higher monthly gross could be reasonably assumed from it's high in 2008 and the dramatic increase it has made in just one year. Monthly volume has doubled in just one year. Sixteen years left on current lease. Turn key condition ready for new owner. Purchase an income and start making money from day one. $165,000 plus inventory. Rent/security deposit $14,000. Financial provided at meeting with seller and Letter of Intent.
Year Business was Established: 2001
Number of Employees: 2/2
Owner willing to finance: 165,000 down &
Owner willing to train: yes
Reason for selling: personal
Seller Reference Number: 20206 BusinessMart.com Listing Number: 105346
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