HS Listing ID-71370


This is a newly built gas station and convenience store located in Jackson, Tennessee, operating under popular branding with potential transition opportunities. The property was constructed in 2017 and includes a convenience store along with a fast food restaurant on-site (not owned by seller).

The business is currently absentee-managed from New York and presents an opportunity for an owner-operator or experienced operator capable of improving operational oversight and day-to-day management.

Reason for Sale

Seller is based in New York and owns multiple gas station and convenience store assets. Due to distance and inability to properly oversee operations, the location has experienced operational inefficiencies and management challenges.

Seller has reportedly not physically visited the site in approximately 18 months and is seeking a stronger operator capable of improving day-to-day management.

Property Information
Property Type:

• Gas station
• Convenience store
• Fast food restaurant on-site (not included in sale)

Construction:

• Newly built in 2017

Financial Overview

• 2025 Net Income: $114,408.41

Fuel Operations

• Current fuel volume: approximately 40,000–50,000 gallons per month

Estimated fuel margins (seller reported):

• Regular: ~40¢/gallon
• Premium: ~70¢/gallon
• Diesel: ~$1/gallon
• Estimated blended fuel margin: ~50¢/gallon depending on fuel mix

Fuel Supply Agreement

• Site expected to come with a new 10-year fuel supply agreement
• Volume requirements apply under fuel contract
• Existing licenses may temporarily remain under seller until buyer secures new licensing

Store Operations

• Estimated blended inside store margins: ~40%
• Inventory estimated between ~$90,000–$210,000

Deal Structure

• Inventory at cost
• Security deposit: approximately $61,200
• Additional fuel/security deposits may apply depending on buyer approval profile

Estimated total entry cost:

Approximately $200,000+ depending on inventory levels, deposits, and working capital requirements.

Alternative Purchase Option

If buyer prefers to acquire the site without entering into the fuel supply agreement:

• Asking price becomes $325,000 plus inventory

Lease & Occupancy

• New 10-year lease included
• Long-term occupancy structure already negotiated

Rent Schedule:

• Months 1–12: $30,600/month
• Rent increases approximately 2% annually throughout lease term
• Year 5 projected rent: ~$33,122/month
• Year 10 projected rent: ~$36,570/month

Buyer Requirements

• Security deposit requirement: approximately $61,200
• Security deposit is refundable subject to lease compliance and property condition
• Security deposit may be paid in installments during first three months
• Deposit requirements may vary depending on operator credit profile and approval

A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATION