HICKORY FLAT, Mississippi
| Asking Price |
$1,100,000 |
Year Established |
|
|
| Annual Revenue |
$900,000 |
Reason for Selling |
|
|
| Annual P/L |
$0 |
Attention |
Kavita Purohit |
|
| Annual Cash Flow |
$264,000 |
Listing Number |
1011492 |
|
| # of Employees |
|
Business Category |
Automotive & Boats: Gas Stations |
|
Business Overview:
Key Financials:
Seller Financing Available: Buyer only needs to bring $500,000 down plus inventory! Seller will owner-finance $100,000 at a 7% interest rate with a 3-year balloon payment. The remaining $500,000 will be financed at ZERO PERCENT INTEREST through the previous seller’s existing owner-financing note, with a 3-year balloon payment due on or before February 1, 2029. The previous seller’s owner-financing note is transferable, making this a strong opportunity for a qualified buyer to acquire the business and property with attractive financing terms.
Dry Gas Station! County is dry and does not allow alcohol sales!
Inside Sales are an average of $75,000 per month! Inside Sales in August 2025 were $73,000! Of that $73,000, Vape Sales were $13,500 at high margins!
Cafe started in March 2026 and is already doing $13,000 in monthly sales!
Outside Sales average 50,000 gallons per month with an average margin of 15 cents per gallon!
Jobber Contract is Rack+1 with approximately 7 years remaining.
Lottery Commission is $1,000 per month and ATM commission is $250 per month! Air Machine commission is $150!
Net Profit is $22,000 per month AFTER paying $6,000 in payroll, and all other expenses!
Geographic & Demographic Details:
Building area is 2,561 Sq ft!
Seller only spends about 20 to 30 hours at the store! Seller has multiple businesses and just recently had two kids. He is selling to have more time for family.
Local population is growing by approximately 2% annually! Median household income is $34k!
Only One hour from Memphis, TN! 2 hour 20 min from Birmingham, AL!
Asking Price for Business and Property: $1.1M plus inventory!
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity