Convenience Store and Gas Station

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Retail Businesses for Sale

  • Primary Category: Convenience Stores for Sale

Convenience store/Small restaurant and gas station

Financial Information

  • $850,000 Asking Price
  • $116,191 Cash Flow
  • $1,697,609 Gross Revenue

Business Location

  • City: Spiro
  • State: Oklahoma

Reason for Sale

  • Looking to pursue other opportunities outside of retail. Likely will go back into technology.

Detailed information

  • Year Established: 1986
  • Home Based: No
  • Franchise: No
  • Relocatable: No
  • Lender Prequalified: No
  • SBA Prequalified: No
  • Full-Time Employees: 5
  • Part-Time Employees: 3
  • Contractors: N/A
  • Owner Worked Hours/w: 20
  • Inventory Included: Yes
  • Inventory Value: $60,000
  • Real Estate Available: Yes
  • Real Estate Included: Yes
  • Real Estate Value: $500,000
  • FF&E Included?: Yes
  • FF&E Value: $103,700

Facilities

  • The convenience store is located on 2.3 acres of land with highway frontage. The store includes gas pumps out front, a retail area with all the necessary convenience products, a kitchen which serves breakfast, lunch and dinner. They also have a strong focus on live bait and a well stocked tackle area for fishing. In addition, there is a 3 bedroom/ 2 bath apartment attached to the store.

Market Outlook/Competition

  • Convenience stores serve as essential neighbor-hood retail locations and transportation support hubs, generating revenue from both fuel operations and in-store purchases. Over the last several years, the industry has evolved significantly toward higher-margin prepared food programs, branded quick-service restaurant partnerships, and upgraded customer experiences.

Real Estate Description

  • 3 parcels of land which amounts to 2.3 acres. It has 340’ of frontage on Highway 59. The two extra plots include their own separate septic, water and electricity
Business Listed by
image of Steven Schoppa
Steven Schoppa
Sunbelt of Tulsa
Show Phone Number
Listing ID
TULSAOK001-59433

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