EBT Approved! Gas Station w/ Property just 20 Min from Rome, GA

Asking Price$1,400,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$504,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

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EBT Approved! Gas Station w/ Property just 20 Min from Rome, GA


Asking Price$1,400,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$504,000

InventoryNot Disclosed

FF&ENot Disclosed

Real EstateNot Disclosed

Business Description
Key Financials:
EBT was just approved! There are 407 households within a 3-mile radius with a median household income of $31k! Inside Sales are going to increase tremendously! Price will increase once inside sales go up!

Inside Sales are an average of $42,000 per month. Store includes full kitchen! Kitchen Sales generate an average of $5,000 per month at 45% margin!

Outside Sales are 15,000 gallons per month at over 30 cents average margin per gallon!

Lottery Commission is $2,100 per month! ATM Commission is $500 per month! Check Cashing commission is $560 per month!

Game machine commission is an average of $21,000 per month one-side with 4 and a half years remaining on the COAM contract!

Net Profit is over $25,000 per month AFTER paying $9,500 in Payroll and all other expenses! There is a MASSIVE opportunity for an Owner-Operator to take over and increase profits by lowering payroll and adding EBT!

Jobber contract is Rack+2 with less than 8 years remaining.

Inventory is currently low! Plenty of upside with stronger management!

Store Information:

Building area is 3,312 sq ft!

20-door walk-in cooler newly installed!

Upgraded Restaurant Hood and Kitchen included! Seller paid $65,000 for the upgrade!

Geographic & Demographic Details:

Local population is growing by 3% annually!

Median household income is nearly $66k!

Store benefits from over 1,000 visitors drawn to the nearby tourist attractions including the historic Trail of Tears.

50 new homes are being built directly behind the store — huge growth potential! A mixed-use development featuring a multi-tenant commercial building and 172 luxury apartments.

20 min from Rome, GA! 1 hour 20 min from Marietta, GA! 1 hour 30 min from Chattanooga, TN and Atlanta, GA!

Asking Price for Business and Property: $1.4M plus inventory! Price will increase once inside sales go up now that EBT is approved!
About the Business
Website
https://www.linkedin.com/
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
3,312
Listing Info
ID
2457689
Listing Views

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Business Listed by: Rutvik Emil Dmello River Brokers

Listing ID: 2457689 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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