Unique owner-user opportunity to purchase the business and real estate in a high-traffic Diamond Shamrock property in the heart of Palacios, Texas. Site has been well-maintained and business volume has grown each year, but offers an excellent value-add opportunity for an owner-user with a vision to renovate and add energy to what the property already has to offer. The store is conveniently located near plenty of residential, giving an owner-user and/or operator of the property ample nearby living options. The business is fully licensed and operational, including a long-standing fuel supply contract relationship with New Distributing Co through 2026, tax registrations, FEMA certifications, underground gas storage licensure, sales permits for goods and fuel, Texas lottery licensure, and mandated health reports. Site features TWO steel tanks – one 10,000-gallon regular gasoline tank and one 6,000-gallon premium gasoline tank.
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2020 Total Estimated Gross Profit $147,481
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2020 Average Monthly Inside Sales $37,673
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2020 Estimated Gallons Gasoline Sold 243,000
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2019 Gallons Gasoline Sold 205,000
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Active gasoline contract with New Distributing Co with 6+ years remaining (agreement available upon request)
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Well-maintained business & property with value-add potential
Palacios, Texas is located on the Gulf Coast roughly halfway between Houston and Corpus Christi, giving rise to sizable counts of pass-through traffic for commuters and travelers alike. The population of Palacios is between 4,500 and 5,000 residents, with a median household income of $33K per year. The business enjoys the benefits of being located in a ZERO income tax state and is expected to continue to grow for years to come.
