Price Reduced! Absentee-Owned Gas Station with Property in Georgia near Chattanooga, TN!
Price Reduced! Absentee-Owned Gas Station with Property in Georgia near Chattanooga, TN!
Price: $825,000
Industry: Convenience Stores, Gas Stations
Listing ID: CHICKAMAUGAGA825K
Absentee-Owned Country Store Gas station with Property!
Price Reduced to Seller's Bottom Line of $825,000 plus inventory!
Inside Sales are currently over $55,000 per month! Outside sales are 8,000 gallons per month at 31 cents average margin per gallon! Seller is making 25 cents on regular gas and 60 cents on diesel! Gas Profit is $2,500 per month!
Lottery Commission is $1,200 per month! ATM commission is $500 per month! Game machine commission is $6,500 per month one-side!
Net profit is nearly $14,000 per month AFTER paying $8,000 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!
Seller's Bottom-Line and Asking Price for Business and Property: $825,000 plus inventory! Serious Buyers ONLY! Please do not send us any low-ball offers!
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: $660,000
Cash flow: $166,224
Year Established: 1960
Square Footage: 1920