Asking Only $999k! Gas Station and Motel Property in Spencer, TN only 1 hour from Chattanooga! Net Profit of $25,000 Per Month!
Detailupdate dateJuly 29, 2023 publish DateJuly 29, 2023 Total views 71
Asking only $999k plus inventory! Gas Station and Motel Property in Spencer, TN only 1 hour from Chattanooga! Monthly Net Profit is about $25,000 per month AFTER paying all expenses including $9,000 in total payroll per month!
Gas Station Net Profit is about $15,000 per month after paying $5,000 in monthly payroll and all other expenses!
Motel Net Profit is about $10,000 per month after paying $4,000 in monthly payroll and all other expenses!
Gas Station Inside Sales are $36,000 per month at exceptionally high margins because there is ZERO competition! Seller generates 50% margin in deli sales of more than $7,000 per month! And 40% margin on selling more than $11,000 per month in miscellaneous items such as firewood and ice!
Gas profit of $10,000 per month! Outside sales are 20,000 gallons per month at 50 cents margin per gallon! The closest gas stations are 11 minutes and 18 minutes away! No jobber contract!
Motel sales are an average of $18,000 per month! Average daily rate is $55 on the weekdays and $100 on the weekends!
Motel has 20 rooms with minimal expenses! Seller does not have a Cable TV expense because all rooms are equipped with smart TVs that only require wifi to provide streaming services (Netflix, Hulu, etc).
Motel payroll expenses are low because the guests check in at the Gas Station! Supply expenses are also low because Seller does not provide any complimentary breakfast.
Seller does ZERO advertising with third party booking websites!
Property is 2.65 acres!
1 hour from Chattanooga! Less than 2 hours from Nashville, TN! 10 mins from Fall Creek Falls State Park, one of the largest and most visited state parks in the entire State of Tennessee!
Asking Price for the Gas Station and Motel Property: $999,000 plus inventory! Inventory is approximately $60,000 at cost.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to firstname.lastname@example.org
|Gross rental income:||$648,000||$Infinity|
|Net Operating Income:|