Profitable Gas Station w/ RE and C-Store

Not Disclosed, TN
Madison County

Madison County


Asking Price: Annual Revenue:
$4,310,000 $5,079,964

Food & Beverage: Convenience Stores


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RE: Profitable Gas Station w/ RE and C-Store Broker: Steven Brown

Quick Facts

Asking Price: $4,310,000
Annual Revenue: $5,079,964
Net Profit: Not Disclosed
Cash Flow: $357,825
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2010
Employees: 8
BBN Listing #: 248258549
Broker Reference #: 94356-130983

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Business Overview:

Shell gas station with expiring fuel contract. There are 16 pumping stations. C-store has no deli, no deep fryers to clean and maintain, and therefore much easier to own and operate. The store was on track to exceed $5,500,000 in gross revenue in 2020 prior to the pandemic. The projected breakdown of sales is 1,600,000 gallons and $1,600,000 inside sales.

Cash flow the first five months of 2020 is 48.6% higher than the first five months of 2019 AFTER deducting back out PPP, etc.

Location! Location! Location - The Columns is the busiest shopping area in Jackson, Tennessee. The store sits in front of Best Buy, Hobby Lobby and Home Depot. Across the street is Dick's Sporting Goods, Khols, Bed Bath and Beyond Books a Million and many more. Three hotels including a Hilton Garden Inn are in walking distance. Carmax and Toyota have large dealerships just down the road. Just beyond Toyota is Gander Mountain and a large modern movie theater that opened in the spring of 2019.
Only gas station located in the busiest shopping area, The Columns, in Jackson, TN. The store sits in front of Best Buy, Hobby Lobby and Home Depot. Across the street is Dick's Sporting Goods, Khols, Bed Bath and Beyond Books a Million and many more. Three hotels including a Hilton Garden Inn are in walking distance. Carmax and Toyota have large dealerships just down the road. Just beyond Toyota is Gander Mountain and a large modern movie theater that opened in the spring of 2019.

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Reason for Selling:

retirement

Additional Details:

  • The property is leased.
  • 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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