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- RE: Gas Station W/ Property & Kitchen In Cave Spring
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $1,300,000 | |
| Annual Revenue: | $540,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $282,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1016234 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Seller's Bottom Line Price for Business and Property has been significantly reduced to $1.3M plus inventory!
EBT was JUST approved! With 407 households within a 3-mile radius at a median household income of just $31k, EBT demand is strong and Inside Sales are set to climb even higher!
Jobber contract is Rack+2 with less than 8 years remaining.
Building area is 3,312 sq ft on approximately 0.54 acres!
Open 24 hours! The ONLY 24-hour store with a full kitchen in the heart of Cave Spring! The nearest branded competitor closes at 10 PM!
Store includes a full commercial kitchen serving breakfast, diner food, and pizza!
20-door walk-in cooler newly installed!
Upgraded Restaurant Hood and Kitchen included! Seller paid $65,000 for the upgrade!
Geographic & Demographic Details:
Prime location on Rome Rd SW (Hwy 53/US-411 corridor) in the heart of Cave Spring, steps from Rolater Park, a 29-acre park and tourist attraction featuring the famous limestone cave, the natural spring, Georgia's purported 2nd largest swimming hole, the historic Hearn Inn bed and breakfast, and the Vann Cherokee Cabin, a certified site on the Trail of Tears National Historic Trail! The Cave Spring Arts and Crafts Festival, one of the largest in Northwest Georgia, brings crowds right past the store every year!
Over 10,100 residents within a 7-mile radius with a median household income of over $72k! Median household income within 5 miles is nearly $66k!
Households within 3 miles grew 2% last year alone, and new construction is coming! 50 new homes are being built directly behind the store, and a brand new $17.7 million townhome development with 58 newly constructed units is on the way in Cave Spring! The city is also in talks with a developer on a mixed-use project featuring retail, commercial space, and housing!
Cave Spring home prices are up 9% year over year and homes are selling 27% faster than last year!
20 min from Rome, GA! 1 hour 20 min from Marietta, GA! 1 hour 30 min from Chattanooga, TN and Atlanta, GA!
Seller's Bottom Line Price for Business and Property is only $1.3M plus inventory!
Contact the Seller:
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Reason for Selling:
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
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