Cash Flowing Gas Station Business-only in Walterboro, SC!

Asking Price$149,000

Cash Flow
$144,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$468,000

InventoryNot Disclosed

FF&ENot Disclosed

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Cash Flowing Gas Station Business-only in Walterboro, SC!


Asking Price$149,000

Cash Flow
$144,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$468,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
High Lottery Commission of $5,000 per month!

Inside sales are currently averaging $39,000 per month. Outside sales are averaging over 47,000 gallons per month with a gross margin of 20 cents per gallon and 50 cents per gallon for diesel! Gas Profit is over $10,000 per month!

ATM commission averages $500 per month!

Rent is only $5,200 NNN per month with 9 years remaining in the lease! Lottery commission practically pays for the rent!

Net profit is over $12,000 per month AFTER paying $6,000 in Payroll, as well as rent and all other expenses! Owner Operator can take home over $15,000 per month!

Store Information:

Jobber is the landlord. Jobber contract is Rack+1 runs concurrently with the lease.

HUGE opportunity to convert the closed on-site car wash into a restaurant or vape store and generate additional income!

Seller has No EBT! HUGE Opportunity for Buyer to increase sales substantially by adding EBT!

Geographic and Demographic Details:

The store is located just off the busy I-95 corridor, close to Exit 57, which is a well-known stop for travelers heading between the Northeast and Florida!

Median household income is $46k!

Average Traffic Count of 14,500 vehicles passing the store each day, with additional heavy flow on I-95 feeding the area!

Population is increasing by 1.5% every year, showing a stable and growing small-town market with strong blue-collar and service-industry demand!

Nearby restaurants include Bucky's Seafood & Deep Southern Cooking, Castillo's Pizzeria, Dukes Barbecue, Huddle House, Zaxbys, and Marvin's Pizza, which all help pull customers into the area and keep this corridor active from morning through late night!

Hotels like Microtel Inn & Suites by Wyndham, Best Western, Rodeway Inn, Southern Inn By OYO, Old Academy Bed & Breakfast and Sleep Inn bring in a steady stream of overnight guests who need fuel, snacks and late-night essentials!

Located near schools such as South Carolina Bail Agents Academy, Libertas Academy Colleton, Colleton County High School, Faith Baptist Academy and Forest Hills Elementary School, which collectively serve over 2,600 students and faculty and create strong daytime traffic for snacks, drinks and after-school visits!

Nearby apartments like Lincoln Apartments, Magnolia Village Apartments, Plantation Oaks Apartments, Meadow Creek Apartments, Walterboro Village Associates and Forest Pointe provide a built-in residential customer base within a short drive of the store!

In addition to local demand, the area benefits from regional traffic and easy access to larger cities. The store is approximately 50 minutes from Summerville, about 1 hour from Savannah, around 2 hours from Augusta, about 2 hours 15 minutes from Columbia and approximately 1 hour 45 minutes from Waynesboro, which makes this an attractive stop for out-of-town buyers and for travelers who are regularly moving freight and people along the I-95 corridor!

Asking Price for Business-only: $149,000 plus inventory!
About the Business
Market Outlook / Competition
The store is located just off the busy I-95 corridor, close to Exit 57, which is a well-known stop for travelers heading between the Northeast and Florida!
Opportunities for Growth
HUGE opportunity to convert the closed on-site car wash into a restaurant or vape store and generate additional income!
Real Estate
Owned or Leased
Leased
Rent
$5,200.00 per month
Listing Info
ID
2443557
Listing Views
82
Business Location

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Business Listed by: Kavita Purohit River Brokers

Listing ID: 2443557 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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