C-Store Mastery by Dallas Super Store

1. Location and Traffic Analysis

·       - High-traffic visibility and accessibility

·       - Proximity to highways, intersections, and neighborhoods

·       - Review competitor gas stations and businesses nearby

2. Fuel Supply Contract Review

·       - Branded or unbranded station?

·       - Check fuel supply terms, duration, penalties

·       - Understand fuel rebates or incentives

3. Environmental and Regulatory Compliance

·       - Review Phase I/II Environmental Reports

·       - Check age/condition of underground storage tanks (USTs)

·       - Ensure compliance with EPA, state, and local regulations

4. Financial Review (Due Diligence)

·       - Last 3 years of financial statements

·       - Monthly fuel volume sales

·       - Inside store sales, lottery, ATM, car wash income

·       - Review inventory valuation

5. Property and Equipment Inspection

·       - Condition of pumps, dispensers, canopy

·       - Inspect POS systems and safety/fire systems

·       - Tank testing and environmental risk

6. Licenses and Permits

·       - Business license

·       - Fuel sales, alcohol, tobacco, and lottery licenses

·       - Foodservice permits (if applicable)

7. Contracts and Agreements

·       - Vendor supply contracts

·       - Franchise/branding agreements

·       - Maintenance/ATM contracts

8. Market and Competition Analysis

·       - Nearby stations and competitive brands

·       - Local market growth or decline

·       - Community trends and demand

9. Staffing and Payroll

·       - Employee count and roles

·       - Wages and shifts

·       - Turnover rate

10. Equipment and Assets

·       - Coolers, freezers, coffee machines

·       - POS systems

·       - Car wash equipment

11. Legal and Title Check

·       - Property title search and zoning

·       - Tax records and utility costs

·       - Verify no liens or legal claims

12. Additional Income Opportunities

·       - Car wash, QSR franchise, truck stop amenities

·       - Future potential: EV charging stations

13. Negotiation Points

·       - Purchase price vs. valuation

·       - Inventory terms

·       - Non-compete agreement from seller

14. Professional Support

·       - Hire a CPA with gas station experience

·       - Consult a real estate attorney

·       - Use a specialized business broker

15. Closing & Transition Plan

·       - Training by seller

·       - Transfer of all licenses and permits

·       - Final inventory check on closing

 

Name: Salim Rajani

Lets work together. Shop now at www.dallassuperstore.com,

Phone: 8179185696, Contact Us

Distributor of Appliances and Equipments to the C-Store, Liquor Store, Restaurants & Grocery Stores.