Gas Station with Property in Spencer, TN only 1 hour from Chattanooga! Net Profit of $15,000 Per Month!
Gas Station with Property in Spencer, TN only 1 hour from Chattanooga! Net Profit of $15,000 Per Month!
Price: $399,000
Industry: Convenience Stores, Gas Stations
Listing ID: SPENCERTNGS399K
Asking only $399,000 plus inventory for the Gas Station Property in Spencer, TN only 1 hour from Chattanooga!
Gas Station Monthly Net Profit is about $15,000 per month after paying $5,000 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!
The entire property including the gas station and motel is 2.65 acres. The property will need to be subdivided if you purchase only the gas station.
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 only with Property: $399,000 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 info@riverbrokers.com
Gross Revenue: $432,000
Cash flow: $180,000