C-Store With Property In Gulfport, MS
Gulfport, MS Harrison County
Gulfport, MS
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- RE: C-Store With Property In Gulfport, MS
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $949,000 | |
| Annual Revenue: | $1,200,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $198,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 996739 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Asking Price has been reduced to $949,000 plus inventory!
Inside Sales are currently averaging $100,000 per month at a 35% margin!
Lottery Commission is $1,500 per month! Air machine and ATM combined commission is $650 per month!
Net profit is over $16,500 per month AFTER paying $8,000 in Payroll and all other expenses!
Business includes approximately $70,000 worth of furniture, fixtures, and equipment as part of the sale!
No direct competition nearby – this is the only Hispanic grocery store in the area!
Additional land on the side of the building! Buyer can expand the building to an additional 1,500 sq ft! Potential revenue sources include adding a quick service food kitchen, food truck, or a laundromat!
Property was a gas station approximately 10 years ago. Tanks were removed and the Property was cleared by the EPA. Buyer can opt to sign a jobber contract and convert the store to a gas station again!
Sellers have had the business for 4 years!
Median Household Income is nearly $64,000!
Nearby colleges like Christian Collegiate Academy, Coastal Medical Training Institute, Mississippi Gulf Coast Community College - AMTC Campus, and The University of Southern Mississippi Gulf Park Campus collectively serve over 20,000 students and faculty!
Apartments close by include Three Rivers Landing Apartments, Lifestyle at the Bay, Oxford Point, Southern Pines Apartments, and The Gates at Three Rivers Apartment Homes!
20 minutes away from Biloxi, MS! 1 hour from Mobile, AL, and New Orleans, LA! 2 hours 30 minutes from Jackson, MS!
Asking Price for Business and Property has been reduced to $949K plus inventory! Inventory is guesstimated at $80,000 at cost.
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
Market Competition and Expansion:
Additional land on the side of the building! Buyer can expand the building to an additional 1,500 sq ft! Potential revenue sources include adding a quick service food kitchen, food truck, or a laundromat!
No direct competition nearby – this is the only Hispanic grocery store in the area!
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Mississippi businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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