Absentee-Owned Convenience Store in Waycross, GA!

Waycross, GA
Ware County


Asking Price: Annual Revenue:
$349,000 $276,000

Food & Beverage: Convenience Stores


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RE: Absentee-Owned Convenience Store in Waycross, GA! Broker: Kavita Purohit

Quick Facts

Asking Price: $349,000
Annual Revenue: $276,000
Net Profit: Not Disclosed
Cash Flow: $137,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 476733274
Broker Reference #: Waycross349k

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Business Overview:

Absentee-Owned Convenience Store Property without gas in Waycross, GA!

Store is closed on Sundays! The business is only open from 9 am to 8 pm Monday through Saturday, only 11 hours a day!

Inside sales are currently $23,000 at 33% margin. Lottery commission is $1,300 per month! COAM is $6,500 one-side! ATM is $250 per month. COAM Contract has 4 years left.

The store is only 1 hour and 30 mins drive from Jacksonville, Florida. It is a prime exit location off of Highway 84.

Waycross brings in large volumes of tourism traffic due to the Okefenokee State Park. Waycross also has the Okefenokee Heritage Park which highlights several annual events that brings in 1,800 people per event. Laurel Walker State Park has its annual tree planting ceremony that bring in visitors from all over the area.

There is a Coca Cola manufacturing plant across the highway from the store. There is a railroad crossing on one side of the road and residential houses on the other.

The closest competition, Cross Way is 2 miles away.

Asking Price for Business and Property: $349,000 + inventory! Seller is willing to enter into a lease-purchase agreement for the right buyer!

Seller also owns an investment property collecting rent down the street if you are interested in that property as well. He is asking $349,000 for that property. That property generates a rental income of $31,800 yearly, which is a 9.1% cap rate!

If interested, please email us with your full name and best contact number to reach you.

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Property Features and Assets:

Waycross brings in large volumes of tourism traffic due to the Okefenokee State Park. Waycross also has the Okefenokee Heritage Park which highlights several annual events that brings in 1,800 people per event. Laurel Walker State Park has its annual tree planting ceremony that bring in visitors from all over the area. There is a Coca Cola manufacturing plant across the highway from the store. There is a railroad crossing on one side of the road and residential houses on the other.

Market Competition and Expansion:

The closest competition, Cross Way is 2 miles away. Seller also owns an investment property collecting rent down the street if you are interested in that property as well. He is asking $349,000 for that property. That property generates a rental income of $31,800 yearly, which is a 9.1% cap rate!

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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