Established Convenience Store In Humble, TX
Listing: #HT00189Fernando Saldivia
Broker | Houston

About this Business for sale in Houston
Established Convenience Store In Humble, TXAbsentee-run neighborhood convenience store on well-traveled FM 1960 in Humble, TX. This is a high volume store generating over $800K in gross sales. Owner has 2 well-trained, loyal workers that run day to day operations. The store carries all the basics of a convenience store, lotto sales, ice machine, plus large selection of beer, wine, and tobacco products. Owner made recent improvements like new POS system and new HVAC.
$5,631 rent includes NNN, water, trash. Lease expires 3/31/2029 with renewal option. $60K in inventory included!....Contact broker to schedule showing today.
Inventory: Included in asking price
Building SF: 2,368
Furniture, Fixtures, & Equipment (FF&E): Included in asking price
Growth & Expansion: - Optimization of the new POS could improve rebates and discounts, as well as improving product margins - Addition of a check-cashing segment of the business - Add Hot food (hot dogs, pizza, deli, etc.) - Online sales - Drive-through or order ahead options - Open Upside account - Solar + EV charger - Add Uhaul rental trucks
Reason for Selling: Owner has demanding FT role in corporate America
*Profit: Sellers Discretionary Earnings, also known as EBPITD (Earnings Before Proprietors Compensation, Interest, Tax and Depreciation). This is the estimated total discretionary earnings (profit) for a business, usually based on historical trading.