100% Absentee-Owned Gas Station with Property in Georgia near Chattanooga, TN!
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update dateAugust 12, 2023 publish DateAugust 12, 2023 Total views 50Description
Absentee-Owned Country Store Gas station with Property!
Inside Sales are currently $50,000 per month! Outside sales are 10,000 gallons per month at 7 cents average margin per gallon!
Seller is only making 7 cents average margin per gallon because employees do not adjust the gas prices! Huge opportunity for an Owner-Operator to increase gas profit to at least 25 cents per gallon on gas and 45 cents per gallon on diesel!
Lottery Commission is $1,200 per month! ATM commission is $500 per month! Game machine commission is $7,000 per month one-side!
Net profit is over $12,000 per month AFTER paying nearly $7,000 per month in Payroll and all other expenses! Owner-Operator can take home much more!
Seller has added new inventory which has generated a substantial increase in sales each month!
Gas pumps are the traditional style to match the country store format but are recently refurbished!
Minimal competition! Closest store is 5.6 miles and the second closest store is 6.8 miles away!
No Jobber Contract! COAM Contract has 5 years remaining.
30 Min from Chattanooga, TN! 45 Min from Dalton, GA! Only 2 hours from Atlanta, GA!
Near to universities like Heritage Baptist College, North Georgia School of Dental Assisting, and Covenant College with over 1,094 students!
Only 5 miles from restaurants like Sonic Drive-In, McDonald’s, Choo Choo BBQ & Grill, Taco Bell, Wanda’s Restaurant, Cross Roads Restaurant, and Hardee’s.
Surrounded by manufacturing plants like Shaw Industries, MESI, Hitson Manufacturing Inc, Bonded Logic, Inc, US Vinyl Manufacturing Corporation, Legacy Manufacturing.
Near to many apartment complexes like Lofton Lane Apartments, Endeavor Pointe Way, The Village, Gateway at Rossville Apartment Homes, and Amberwood Apartments.
Close proximity to a $60 million development to hold retail, offices, housing, and green space.
Average traffic count of 2,560 vehicles passing by the station each day!
Asking Price for Business and Property is $849,000 plus inventory!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Highlights
Financial Details
| Annual | Per SF | |
|---|---|---|
| Gross rental income: | $600,000 | $Infinity |
| Other Income: | ||
| Operating Expenses: | ||
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| Total Expenses: | ||
| Net Operating Income: |
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