Fort Worth sits inside the most fuel-dense state in the country. Texas has roughly 16,500 convenience stores, more than any other state, and about 60% of US operators run just a single location. That mix creates steady deal flow across the Fort Worth metro, from branded corner stores to high-volume sites near the interstates and growth corridors. Texas cap rates run about 5.63%, slightly above the national average near 5.6%. Gas Station Trader is the fuel and C-store practice of Eagle Nest Property Group in Dallas, with brokerage through Eagle Nest Brokerage LLC, a licensed Texas broker. We have transacted 250 million dollars plus, and principal Stuart W. Monteith is a D CEO Power Broker for 2025 and 2026. See our full Texas gas station market coverage.
The Fort Worth gas station market
Fort Worth anchors the western half of the Dallas-Fort Worth metroplex, one of the fastest-growing regions in Texas. The state carries about 16,500 convenience stores, and roughly 60% of US operators are single-store owners, which means most Fort Worth deals involve independent sellers rather than large chains. That favors buyers who can move with the right financing and diligence team in place.
A busy urban Fort Worth station can do 100,000 to 150,000 gallons per month against a US average near 4,000 gallons per day. In 2025, fuel gross margins averaged 40 plus cents per gallon, but net fuel profit is only a few cents per gallon. The in-store side carries 20 to 40% margins and drives about 70% of profit on roughly 30% of revenue. Review current branded gas stations and NNN gas stations.
Buying a gas station in Fort Worth
Most Fort Worth buyers finance through SBA 7(a), which caps at 5M dollars. Because gas stations are special-purpose properties, the SBA requires a 15% minimum equity injection, meaning 10 to 15% down, with real estate terms up to 25 years. In June 2026, SBA rates run about 9% to 11.5% APR variable, and closings take 30 to 90 days. Conventional financing typically demands 30 to 40% down, and many banks avoid sites with underground storage tanks due to CERCLA liability, with closings in 30 to 60 days.
Plan for a Phase I ESA at 1,800 to 3,500 dollars under the ASTM E1527-21 standard, which is required on SBA fuel deals. Start with our buyer representation, the valuation calculator, and the SBA 7(a) loan guide.
Selling a gas station in Fort Worth
Selling a Fort Worth station starts with clean financials and a defensible value. Business broker commissions run 10 to 20% on business-only deals and about 6 to 10% on real-estate-inclusive transactions. Typical sale timelines run 3 to 6 months from listing to close, and serious buyers will order a Phase I ESA early, so resolving any underground storage tank questions before going to market protects your price and your timeline.
A small-to-medium owner often nets about 70K to 100K dollars per year, reaching 100K to 500K by site, and that documented cash flow is what drives your sale price. We price to the EBITDA and real estate the market will actually pay for. Start with a seller consultation, then review how to sell a gas station and how to increase gas station value.
Values and cap rates in Texas
Texas gas station 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. Cap rates compress for stronger credit tenants. In the broader market, 7-Eleven trades around 5.00 to 5.40% and Circle K around 5.35 to 5.65%, both common brands across Fort Worth.
On a multiple basis, business-only deals trade at 2.5x to 4.0x EBITDA, combined business and real estate at 4.0x to 7.0x, and deals including the real estate at about 8x, reaching 7x to 9x in premium markets. Run your own numbers with the cap rate calculator, then read what is a good cap rate and cap rates by state.
