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- RE: Established Convenience Store Strong COAM Income
- Contact: Sung II
Quick Facts
| Asking Price: | $120,000 | |
| Annual Revenue: | $276,588 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $32,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 2 | |
| Employees: | 2,006 | |
| BBN Listing #: | 1016504 | |
| Broker Reference #: | 60409-559562 |
Business Overview:
Established Convenience Store + Strong COAM Income | $440K+
Financial Highlights (Tax Return Reported):
2025: Sales Revenue $276,588 | COAM Commission $165,250
2024: Sales Revenue $267,498 | COAM Commission $168,772
2023: Sales Revenue $301,717 | No COAM
This is an established neighborhood convenience store offering a full range of everyday essentials — groceries, packaged beverages, beer, wine, and cigarettes — serving a loyal base of local repeat customers. In addition to retail sales, the store operates a Coin-Operated Amusement Machine (COAM), a legal Georgia gaming category that generates over $160,000 in gross machine revenue annually with minimal added labor or overhead. Combined, the retail and Open Contract COAM operations produce Seller's Discretionary Earnings of approximately $70,000 on a lean staffing model, making this an attractive, largely passive income opportunity for an owner-operator or absentee owner.
Contact the Seller:
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Property Features and Assets:
This business has operated continuously at its location since 2006 — nearly 20 years serving the same neighborhood. Over that time, ownership built a loyal, repeat customer base around convenience staples (beer, wine, tobacco, and packaged goods) and added a COAM game machine as a second revenue stream, which has since become a significant, high-margin contributor to the store's overall profitability. The owner is now retiring after two decades in the business, creating a rare opportunity to acquire a stable, long-tenured operation with an established customer base rather than a startup or turnaround.
Market Competition and Expansion:
EBT/SNAP authorization: The store does not currently accept EBT. Most convenience and grocery stores in this format see a measurable, immediate sales lift after USDA SNAP retailer authorization — this is a straightforward, low-cost application a new owner could pursue in the first 90 days to expand the customer base and basket size on eligible grocery items.
Reason for Selling:
Retirement. Kindly ask the seller for more information.
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
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