Texas

C-Stores for sale in Texas.

Home market. ~16,500 C-stores, more than any other state and over 1 in 10 in the U.S.; Exxon (1,948) and Shell (1,578) are most concentrated here, and TX added the most new stores in the country in 2025.

Texas is the largest C-store and C-store market in the country, and it is our home market. The state holds about 16,500 convenience stores, more than any other state and over 1 in 10 of the roughly 152,000 stores in the U.S. Exxon (1,948 sites) and Shell (1,578 sites) are most concentrated here, and Texas added the most new stores in the country in 2025. C-Store Trader is a specialist C-store and C-store brokerage based in Dallas, TX (Eagle Nest Property Group) with 250 million dollars plus transacted. We represent buyers and sellers across the state and handle buy/sell, sale-leaseback, and finance. To talk through a Texas deal, call 469.949.6467 or start on our buy and sell pages.

The Texas C-store market

Texas leads the U.S. with about 16,500 convenience stores, ahead of California (~12,140), Florida (~9,730), and New York (~7,560). That is more than 1 in 10 stores nationwide. Texas also added the most new stores in the country in 2025, so deal flow here runs deeper than any other state.

Branding is concentrated. Exxon is the most prevalent flag at 1,948 sites, followed by Shell at 1,578, with strong Chevron, Valero, and unbranded representation across rural and urban corridors. That mix matters for buyers. A branded site with a jobber supply contract trades on different terms than an unbranded independent. See our guide on branded vs unbranded stations and who the active buyers of C-stores are in this market.

Buying a C-store in Texas

Texas listings range from single-store independents to high-volume branded sites with real estate. About 60% of U.S. operators are single-store owners, so most Texas opportunities are family-run. A busy urban Texas station can move 100,000 to 150,000 gallons per month against a U.S. average of roughly 4,000 gallons per day.

Financing a fuel deal takes planning. SBA 7(a) caps at 5 million dollars, special-purpose stations require a 15% minimum equity injection (commonly 10-15% down), and real estate terms run up to 25 years. June 2026 rates are roughly 9% to 11.5% APR variable, with closings in 30 to 90 days. A Phase I ESA (ASTM E1527-21) is required for SBA fuel deals and runs 1,800 to 3,500 dollars. Start with how to buy a C-store and the SBA 7(a) loan guide.

Selling a C-store in Texas

Texas sellers benefit from the deepest buyer pool in the country and strong demand for branded, high-volume sites. Most Texas sales close in 3 to 6 months, sometimes 6 to 12 for larger or complex deals. Pricing depends on whether you sell the business only, the business with a lease, or the business with the real estate.

Broker fees run 10-20% on business-only deals and about 6-10% on real-estate-inclusive deals. Clean UST records and a current Phase I help a sale move faster, since many conventional lenders avoid tanks because of CERCLA strict liability. We handle full marketing, buyer qualification, and closing coordination. List with us on the sell page, review broker fees, and read how to sell a C-store. Call 469.949.6467.

Texas cap rates and values

Texas NNN C-stores trade at about 5.63%, tighter than the national average near 5.6% (roughly 5.58% with fuel) and close to the tightest markets like Florida near 5.11%. Tenant credit drives the spread. Wawa sits at 4.83-5.20%, 7-Eleven at 5.00-5.40%, Murphy USA near 5.13%, and Circle K at 5.35-5.65%.

For operating valuations, business-only Texas stores trade at 2.5x to 4.0x EBITDA (SDE 2.0x-3.5x for smaller sites). Business plus a lease runs 4.0x to 7.0x EBITDA, and business with real estate runs about 8x, from 7x to 9x in premium markets. A per-gallon method ranges 0.05 to 0.30 dollars per gallon of monthly throughput. Run numbers with our valuation calculator and cap rate calculator, then see cap rates by state.

Texas metros and regions

Most Texas deal volume sits in the 4 major metros. Dallas-Fort Worth is our home base and the largest concentration of branded high-volume sites and investment-grade NNN listings. Houston carries heavy throughput corridors and strong jobber networks. San Antonio and Austin round out the demand, with Austin pricing tightening as urban traffic counts climb.

Rural and highway Texas sites trade differently, often closer to 4x EBITDA and unbranded, which can suit owner-operators and absentee buyers alike. A small-to-medium Texas station often nets about 70K to 100K dollars per year, ranging to 100K-500K by site. For absentee structures see absentee ownership, and for NNN buyers see NNN C-store investing. Call 469.949.6467 to discuss any Texas metro.

Active deals

Stations & portfolios for sale

FAQ

Buying & selling C-stores in Texas

Texas has about 16,500 convenience stores, more than any other state and over 1 in 10 of the roughly 152,000 stores in the U.S. The state also added the most new stores in the country in 2025. Exxon (1,948 sites) and Shell (1,578 sites) are the most concentrated brands here.
NNN C-stores in Texas trade at about 5.63%, tighter than the national average near 5.6% and close to the tightest markets like Florida near 5.11%. Credit tenants compress further, with 7-Eleven at 5.00-5.40% and Circle K at 5.35-5.65%. You can model a deal with our cap rate calculator.
Pricing depends on structure. Business-only Texas stores trade at 2.5x to 4.0x EBITDA, business with a lease at 4.0x to 7.0x, and business with real estate at about 8x (7x to 9x in premium markets). A per-gallon method runs 0.05 to 0.30 dollars per gallon of monthly throughput. See how much a C-store costs.
Most Texas C-store sales close in 3 to 6 months, sometimes 6 to 12 for larger or complex deals. SBA-financed buyers add 30 to 90 days at closing, and a current Phase I ESA (1,800 to 3,500 dollars) keeps fuel deals moving since many conventional lenders avoid USTs. Call 469.949.6467 to list.
Texas market depth

How we read Texas C-stores.

Texas is the home market and the deepest convenience-store market in the country, with major metro, border, energy, and interstate demand. This section is written for owners, buyers, lenders, and investors comparing Texas opportunities against other states.

Primary regions

Dallas, Fort Worth, Houston, San Antonio, Austin, El Paso, Arlington, and Corpus Christi are the reference markets we use when comparing pricing, traffic, and buyer depth across Texas.

Buyer fit

Buyers range from single-store SBA operators to jobbers, private operators, family offices, and 1031 investors chasing scale. We match the buyer pool to the asset before we set pricing, because a net-lease investor, SBA buyer, and jobber underwrite the same store differently.

Diligence watchlist
  • review TCEQ tank records, environmental reports, and fuel-supply assignment early
  • separate metro, highway, border, and oilfield demand in the underwriting
  • confirm property-tax assumptions, ingress, and traffic counts before final pricing

C-Store Trader uses this Texas page as a hub for Dallas, Fort Worth, Houston, San Antonio, Austin, El Paso, Arlington, and Corpus Christi. For a confidential read on a specific Texas C-store, start with a valuation or buyer brief and we will route it by metro, brand, real estate, fuel contract, and environmental profile.

C-store operator lens

Texas through the C-store operations lens.

This page is evaluated through the convenience-store business first: inside sales, category margins, inventory turns, staffing, customer repeat behavior, lease control, and how the store creates profit beyond the fuel canopy. For local C-store pages, the question is whether the neighborhood, commuting pattern, and store categories can support repeat inside sales.

Buyer transition risk

The handoff needs clean manager coverage, supplier account transfer, licenses, lottery setup, inventory count, and employee retention planning.

Pricing discipline

Convenience pricing, promotional discipline, and local basket size can matter as much as fuel price when the store is the real profit center.

Inventory and shrink controls

Inventory turns, cash handling, lottery controls, tobacco counts, and employee shrink policies can change EBITDA more than a headline traffic count.

Foodservice upside

Prepared food, coffee, fountain, grab-and-go, and quick-serve opportunities can create a second growth story if equipment, staffing, and local demand support it.

For C-store deals, the highest-value diligence usually lives in the POS reports, category sales, shrink controls, vendor terms, beer and tobacco mix, prepared-food potential, lottery contribution, and local customer pattern. This market page is intentionally written for owners, operators, and buyers who care about the in-store profit engine, so it should be evaluated on the specific commercial questions it answers, not only on broad national search terms.

Decision checklist

What makes Texas a real diligence page.

This market page is strongest when it helps a visitor decide what to do with a real convenience-store asset. The checklist below keeps the page tied to C-store economics: POS reports, category margin, inventory control, licenses, staffing, lease control, and local customer behavior.

Buyer transition risk proof

Ask for evidence. The handoff needs clean manager coverage, supplier account transfer, licenses, lottery setup, inventory count, and employee retention planning. For Texas, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Pricing discipline proof

Ask for evidence. Convenience pricing, promotional discipline, and local basket size can matter as much as fuel price when the store is the real profit center. For Texas, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Labor schedule reality proof

Ask for evidence. Store-level labor should be tested by daypart, not averaged. Overnight staffing, manager coverage, weekend peaks, and absentee ownership all change true cash flow. For Texas, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Lease and real-estate control proof

Ask for evidence. A C-store with real estate, options, rent control, and expansion room underwrites differently from a business-only deal on a short lease. For Texas, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

Vendor and rebate terms proof

Ask for evidence. Buyers should review beverage, tobacco, grocery, ATM, lottery, and distributor terms because vendor economics can create hidden value or hidden dependency. For Texas, do not treat this as generic background; make it part of the buyer, seller, lender, or investor checklist.

For C-Store Trader, the indexed value of the page should come from how well it answers the store-operator question: what would a serious owner, buyer, or broker verify before committing capital?

Texas market proof

Why Texas deserves its own diligence page.

Texas should be evaluated as a convenience-retail market, not just a map page. A serious state page needs local repeat-traffic logic, store-category demand, license friction, labor availability, rent or real-estate control, and the type of buyer likely to pursue a C-store asset there.

Pricing discipline in Texas

Convenience pricing, promotional discipline, and local basket size can matter as much as fuel price when the store is the real profit center. Treat this as a local proof point for Texas, not boilerplate geography.

Buyer transition risk in Texas

The handoff needs clean manager coverage, supplier account transfer, licenses, lottery setup, inventory count, and employee retention planning. Treat this as a local proof point for Texas, not boilerplate geography.

Neighborhood repeat traffic in Texas

A strong C-store has repeat local behavior. Loyalty, nearby housing, schools, employers, and commuter routes should be mapped against sales by category. Treat this as a local proof point for Texas, not boilerplate geography.

Vendor and rebate terms in Texas

Buyers should review beverage, tobacco, grocery, ATM, lottery, and distributor terms because vendor economics can create hidden value or hidden dependency. Treat this as a local proof point for Texas, not boilerplate geography.

Lease and real-estate control in Texas

A C-store with real estate, options, rent control, and expansion room underwrites differently from a business-only deal on a short lease. Treat this as a local proof point for Texas, not boilerplate geography.

Labor schedule reality in Texas

Store-level labor should be tested by daypart, not averaged. Overnight staffing, manager coverage, weekend peaks, and absentee ownership all change true cash flow. Treat this as a local proof point for Texas, not boilerplate geography.

Lead qualification

What a serious Texas inquiry should include.

C-Store Trader should turn Texas traffic into C-store leads with enough detail to underwrite the store, not just a name and phone number. A useful inquiry explains the asset, the operating proof, and the decision timeline.

Asset snapshot

Share whether this is a single store, portfolio, brand page, market search, guide question, or tool output. Include real estate versus leasehold, store size, inside sales, fuel relationship, licenses, and whether inventory is included.

Operating proof

The strongest C-store lead can provide POS category reports, gross margin, payroll, rent, bank deposits, vendor terms, inventory practices, and notes on manager coverage or owner involvement.

Decision path

Clarify whether the goal is to buy, sell, value, refinance, or prepare for a 1031 or sale-leaseback. Include price range, financing capacity, timing, geography, and whether confidentiality is required.

For this market page, a high-quality lead is one where the store economics, transferability, and next action are clear enough for a broker or principal to respond intelligently.

Institutional guidance

Before you act on C-Stores for Sale in Texas, talk with a sector broker.

C-Store Trader is built to turn market interest into a real next step: valuation, buyer match, lending path, diligence package, or confidential sale strategy. Eagle Nest Property Group works across owners, operators, 1031 buyers, and private capital in convenience retail.

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