Key Financials:
Asking Price is ONLY $159,000 plus inventory!
Inside Sales are currently averaging $50,000 per month at 39% average margin! Seller can prove his margins!
Outside Sales are currently over 20,500 gallons per month at 20 cents average margin per gallon!
Lottery commission averages $1,700 per month!
Rent is only $5,000 per month NNN with a 15-year lease available! Lease may be structured with an initial 5-year lease term and two additional 5-year renewal options exercisable at Buyer's discretion!
Net profit is nearly $10,000 per month AFTER paying $7,000 in Payroll, as well as rent and all other expenses! Owner Operator can take home over $16,000 per month!
This is a good fit for a family operator, husband-and-wife team, or buyer who wants to work the store personally and keep expenses tight.
Jobber owns the property. The jobber contract is Rack+1 and will run concurrently with the lease. Jobber is open to other fuel arrangements like 3-cents fixed commission or 50/50 commission split.
Additional Housing Opportunity:
Seller owns a 2-bedroom, 1-bath house directly across from the store and is willing to rent it for only $1,500 per month!
This is a major plus for an owner-operator who wants to live close to the business, manage the store personally, and keep a close eye on daily operations.
Closest competition along the main highway is more than 7 miles away! Located on U.S. Hwy 64, one of the main commercial corridors serving Decherd and the surrounding Franklin County trade area.
Established local customer base supporting consistent repeat traffic!
Geographic and Demographic Details:
Population is increasing by 6% every year, showing a stable and growing market!
Median household income is $43k!
Decherd is located in Franklin County and serves the surrounding residential and commercial trade area.
The location benefits from local residential traffic, commuters, and travelers throughout the region.
Convenient access to Interstate 24 provides connectivity to major Tennessee markets.
Nearby restaurants include Evergreen Chinese Super Buffet, Yamato Japanese Restaurant and several other local dining options throughout the Decherd-Winchester area, helping generate consistent traffic throughout the day and evening.
Hotels such as Quality Inn Decherd-Winchester and other lodging options serving visitors to Winchester, Tims Ford Lake, and surrounding Franklin County bring travelers into the area who frequently purchase fuel, beverages, snacks, and convenience items.
Located near schools such as North Middle School and the Franklin County school which collectively serve over 1,700 students and faculty and create strong daytime traffic!
Nearby apartment communities such as Mallard Cove Apartments provide an established residential customer base within a short drive of the store!
40 Min from Chattanooga, TN! 15 min from Winchester, TN! 25 min from Tullahoma and Manchester, TN! 1 hour from Nashville, TN and Huntsville, AL!
Why Buyers Should Look at This Store
Low asking price for the cash flow
Nearly $10,000/month seller-reported net profit after payroll
Current payroll gives a hands-on owner room to improve take-home income
Approx. $50,000/month inside sales
Strong reported inside margin
Over 20,000 gallons/month in fuel volume
Lottery commission and ATM / air machine adds steady extra income
Long lease available
Located on US Hwy 64
Serves local homes, workers, commuters, school traffic, and travelers
Buyer can explore upside through better merchandising, hot food, coffee, grab-and-go items, EBT-eligible grocery items, stronger signage, and hands-on management
Asking Price for Business-only: $159,000 plus inventory! Inventory is estimated to be approximately $85,000! Rent is only $5,000 per month NNN with a 15-year lease available!