Texas has about 16,500 convenience stores, more than any other state, and Dallas sits at the center of that market. The metro pairs heavy daily traffic counts with strong population growth, which supports both single-store independents and branded multi-unit portfolios. Texas cap rates run about 5.63%, slightly above the national average near 5.6%, so well-located Dallas assets price competitively while still leaving room for yield. Gas Station Trader is the fuel and C-store practice of Eagle Nest Property Group, based in Dallas. Brokerage runs through Eagle Nest Brokerage LLC, a licensed Texas broker with 250 million dollars plus transacted. Principal Stuart W. Monteith is a D CEO Power Broker for 2025 and 2026. We work both sides of Dallas deals and price them on real fuel volume, in-store margin, and site quality.
The Dallas gas station market
Texas leads the nation with about 16,500 convenience stores, well ahead of California at 12,140 and Florida at 9,730, and Dallas is one of the deepest pockets of that count. About 60% of US C-stores are single-store operators, so Dallas inventory ranges from owner-run independents to branded sites tied to a jobber fuel supply agreement. A busy urban Dallas station can move 100,000 to 150,000 gallons per month against a US average near 4,000 gallons per day. Strong volume matters because 2025 fuel gross margins averaged 40 plus cents per gallon while net fuel profit is only a few cents, so in-store sales drive returns. The C-store is about 30% of revenue but roughly 70% of profit. See gas stations for sale in Texas for the wider state market.
Buying a gas station in Dallas
Most Dallas acquisitions run on SBA financing. The SBA 7(a) program caps at 5 million dollars, and special-purpose fuel sites require a 15% minimum equity injection, meaning 10% to 15% down, with real estate terms up to 25 years and June 2026 rates around 9% to 11.5% APR variable. Conventional financing asks 30% to 40% down, and many banks avoid underground storage tanks due to CERCLA liability. Every SBA fuel deal needs a Phase I ESA to ASTM E1527-21, which costs 1,800 to 3,500 dollars. Build environmental review and tank inspection into your timeline. Start with our buy-side service, the due diligence checklist, and the SBA 7(a) loan guide.
Selling a gas station in Dallas
Dallas sellers see the most demand when the data is clean. Buyers and lenders want documented fuel throughput, in-store margins, and a tank history, since underground storage tanks and CERCLA exposure are the first thing conventional banks scrutinize. Business broker commissions run 10% to 20% on business-only deals and about 6% to 10% on real-estate-inclusive sales, with typical timelines of 3 to 6 months. Pricing should reflect real numbers: business-only deals trade at 2.5x to 4.0x EBITDA, while combined business and real estate reach 4.0x to 7.0x. We position Dallas assets to the right buyer pool and run a competitive process. Start with our sell-side service or model a number with the valuation calculator.
Values and cap rates in Texas
Texas cap rates run about 5.63%, just above the national average near 5.6%, which is roughly 5.58% with fuel and 6.87% without fuel. Texas prices tighter than weaker markets at 6.0% to 6.5% plus but wider than Florida near 5.11%. Tenant credit moves the number: 7-Eleven sites trade at 5.00% to 5.40% and Circle K at 5.35% to 5.65%. On a multiple basis, real-estate-secured Dallas assets reach about 8x EBITDA, with 7x to 9x in premium markets. A small-to-medium owner often nets about 70,000 to 100,000 dollars per year, scaling to 100,000 to 500,000 by site. Run scenarios with the cap rate calculator or read what a good cap rate is.
