NOT DISCLOSED, Georgia
| Asking Price |
$120,000 |
Year Established |
2 |
|
| Annual Revenue |
$276,588 |
Reason for Selling |
Retirement |
|
| Annual P/L |
$0 |
Attention |
Sung II |
|
| Annual Cash Flow |
$0 |
Listing Number |
1016504 |
|
| # of Employees |
2006 |
Business Category |
Retail: Consignment, Pawn Shop, Thrift Stores |
|
Business Overview:
Established Convenience Store + Strong COAM Income | $440K+
Financial Highlights (Tax Return Reported):
2025: Sales Revenue $276,588 | COAM Commission $165,250
2024: Sales Revenue $267,498 | COAM Commission $168,772
2023: Sales Revenue $301,717 | No COAM
This is an established neighborhood convenience store offering a full range of everyday essentials — groceries, packaged beverages, beer, wine, and cigarettes — serving a loyal base of local repeat customers. In addition to retail sales, the store operates a Coin-Operated Amusement Machine (COAM), a legal Georgia gaming category that generates over $160,000 in gross machine revenue annually with minimal added labor or overhead. Combined, the retail and Open Contract COAM operations produce Seller's Discretionary Earnings of approximately $70,000 on a lean staffing model, making this an attractive, largely passive income opportunity for an owner-operator or absentee owner.
Property Features and Assets:
<p>This business has operated continuously at its location since 2006 — nearly 20 years serving the same neighborhood. Over that time, ownership built a loyal, repeat customer base around convenience staples (beer, wine, tobacco, and packaged goods) and added a COAM game machine as a second revenue stream, which has since become a significant, high-margin contributor to the store's overall profitability. The owner is now retiring after two decades in the business, creating a rare opportunity to acquire a stable, long-tenured operation with an established customer base rather than a startup or turnaround.<br> <br></p>
Market Competition and Expansion:
<p>EBT/SNAP authorization: The store does not currently accept EBT. Most convenience and grocery stores in this format see a measurable, immediate sales lift after USDA SNAP retailer authorization — this is a straightforward, low-cost application a new owner could pursue in the first 90 days to expand the customer base and basket size on eligible grocery items.<br></p>
Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity