Gas Station W/ Property Just 20 Min From Rome, GA
Not Disclosed, GA Floyd County
20 Min from Rome, GA
Request More Information Contact the Seller
- RE: Gas Station W/ Property Just 20 Min From Rome, GA
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $1,400,000 | |
| Annual Revenue: | $504,000 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $300,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 1004232 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
EBT was just approved! There are 407 households within a 3-mile radius with a median household income of $31k! Inside Sales are going to increase tremendously! Price will increase once inside sales go up!
Inside Sales are an average of $42,000 per month. Store includes full kitchen! Kitchen Sales generate an average of $5,000 per month at 45% margin!
Outside Sales are 15,000 gallons per month at over 30 cents average margin per gallon!
Lottery Commission is $2,100 per month! ATM Commission is $500 per month! Check Cashing commission is $560 per month!
Game machine commission is an average of $21,000 per month one-side with 4 and a half years remaining on the COAM contract!
Net Profit is over $25,000 per month AFTER paying $9,500 in Payroll and all other expenses! There is a MASSIVE opportunity for an Owner-Operator to take over and increase profits by lowering payroll and adding EBT!
Jobber contract is Rack+2 with less than 8 years remaining.
Inventory is currently low! Plenty of upside with stronger management!
Store Information:
Building area is 3,312 sq ft!
20-door walk-in cooler newly installed!
Upgraded Restaurant Hood and Kitchen included! Seller paid $65,000 for the upgrade!
Geographic & Demographic Details:
Local population is growing by 3% annually!
Median household income is nearly $66k!
Store benefits from over 1,000 visitors drawn to the nearby tourist attractions including the historic Trail of Tears.
50 new homes are being built directly behind the store — huge growth potential! A mixed-use development featuring a multi-tenant commercial building and 172 luxury apartments.
20 min from Rome, GA! 1 hour 20 min from Marietta, GA! 1 hour 30 min from Chattanooga, TN and Atlanta, GA!
Asking Price for Business and Property: $1.4M plus inventory! Price will increase once inside sales go up now that EBT is approved!
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.
Property Features and Assets:
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 Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
Request More Information
