Property Listing No Longer Available for Sale

206 E HWY 31, Kilgore, TX

Others for Sale - $795,000 - 3,000 Sq. Ft. on 0.36 acres


Property Info

CIMLS#1077042
Location
  206 E HWY 31
  Kilgore TX 75662
UpdatedOctober 9th, 2020
TypeOthers
Price$795,000
Building3,000 Sq. Ft.
Land0.36 acres

Property Description

Unbranded Service Station & C-Store. 1,400 sqft canopy houses 3 double sided Gilbarco pumps w all dispensers equipped w gasoline & 1 dispenser w diesel & gasoline. Fuel tanks installed in 2005 w ACT Fiberglass lined tanks & lines. Tank capacity includes 8,000 gal unleaded, 4,000 gal super grade, 4,000 gal diesel. 3,000 sq ft C-Store. In 2018 extensive updates: new store front fascia, new flooring throughout, new condensing units for the coolers, a new HVAC system, new cooler doors, a new hot water heater, & LED lighting. Store is equipped w full kitchen & a Passport POS system.


Financials

Although no fuel agreement is in place, the seller has been approached by multiple brands with financial incentives. Historically sold +/-7,000 gallons/month with +/-95% of fuel sales for gasoline and +/-5% of sales for diesel. Approximately +/-20% of sales come from fuel sales and +/-80% of sales come from inside store sales (C-Store products). From 2017-2019, revenues ranged from $490,000 -$1,260,000 (rounded). It should be noted, 2018 saw a significant decline in sales due to the property being closed for 8 months while undergoing upgrades.



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