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Central Texas Convenience Store for Sale

Red Rock, Texas
The Company is a Convenience Store east of Austin, Texas. The store has a four pump Gas Station and sells Sundries, Dairy, Candy Tobacco Products, Beer and Wine, Fresh Deli and Fast Food Meals to include Breakfast (fresh baked Cinnamon Rolls, Breakfast Tacos, Breakfast Burritos), Lunch (BBQ) and Dinner / Fast Food items to include Hamburgers, with Fresh Baked Pies, Cakes and Cookies. The store is located at a major rural intersection with Austin commuters traveling to and from Austin each day. It is also located in the vicinity of a school and a utility provider's headquarters. This convenience store has been operated with the owner's daily personal attention and touch. The company can generate significantly greater cash flow by operating a a family business.For more information about the Swetman Group go to www.theswetmangroup.com, e-mail us at Rswetman@austin.rr.com or call us at 512-535-5221

Financials

Price: $505,000
Gross Income: $1,562,646
Cash Flow: $36,600
FFE: $110,641
Inventory: $38,459
Real Estate Value: $450,000

About the Business

Office Reference ID: #1722-2296
Year Established: 1997
Financing:
Training:
Facilities: The building is building is a free standing building on approximately 1.464 acres. The building is 40 X 70' or 2800 square feet. The allocation of space is as follows:- Retail Sales and Deli - 2220 square feet.- Walk-in Cooler - 240 square feet.- Back Room Storage 70 Square feet.- Office 120 square feet- Two restrooms 150 square feet
Competition: The Company does have other competitors in the marketplace. They include Red Rock Grocery (generic gasoline) , Red Rock General Store (No gasoline sales) and Rockne Grocery (Exxon). Although these locations do offer some of the services provided by this operation, non of the competitors offer gasoline, groceries and Deli / fresh food and fresh baked breakfast lunch and dinner items together under one roof. Additionally, non of the other locations are as well maintained (clean bathrooms, etc.)and have an aesthetically clean and neat appearance. Additionally, this ownership / operation offers true customer service and a personal touch and focuses upon the needs of their customer base by providing the specific products and services desired by their customer base specific to this location / marketplace. The one disadvantage is that they have branded gasoline (Shell) and are thus at a small price disadvantage to red Rock Grocery a few miles from their location.
Growth: The primary target audiences are as follows:1.) Commuters traveling to and from Austin, Texas each day.2.) Work crews traveling through the county in need of gas and convenience items and meals.3.) Utility Company employees in need of gas, convenience items and meals.4.) School employees in need of gas, convenience items and meals.5.) School childrenThis Company will continue to expand as the population in Bastrop county continues to expand. The country continues to realized significant grow as families continue to move away from the city into a more rural Country Lifestyle / environment in Central Texas. Additionally, Central Texas is expected to realize a population growth of 2.4 to 2.7 million people over the next seven to 10 years. This continued growth will have a growth impact on this business.The following is a list of those areas to help realize growth in the future;1.) Grow / expand the fresh deli part of the business. The property has the ability to add a larger fast food operation in the future. 2.) Add additional items to the fresh food menu. 3.) Ad a liquor store. 4.) Continue to offer fresh baked goods including but not limited to cinnamon rolls, fresh pies, cakes and cookies. 5.) Continue to focus on a clean well maintained environment.
Business Listed By
Name: Rick Swetman
Company: The Swetman Group
Phone: 512-535-5221

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