Price Reduced! Gas Station Business-only in Cordele, GA!

Asking Price$199,000

Cash Flow
$108,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$420,000

InventoryNot Disclosed

FF&ENot Disclosed

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Price Reduced! Gas Station Business-only in Cordele, GA!


Asking Price$199,000

Cash Flow
$108,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$420,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
COAM contract is expiring in less than a year in just 11 months! Huge opportunity to sign a new COAM contract!

Inside sales are currently averaging over $35,000 per month. Outside sales are averaging 15,000 gallons per month with a gross margin of 20 cents per gallon.

Lottery commission is $8,500 per month! ATM commission is $250 per month!

COAM commission is $2,500 per month!

The rent is only $4,000 per month with a 15-years lease available to the Buyer! The rent will increase by only $100 every 5 years!

The store is currently operated by a couple collecting payroll of $6,500 per month.

Net profit is over $9,000 per month AFTER paying $6,500 in Payroll, as well as rent and all other expenses!

Owner-Operator can reduce payroll cost and take home more than $12,000 per month!

Store Information:

COAM contract has only 11 months remaining!

No Jobber Contract! The store exclusively sells non-ethanol gas! Limited competition in the area selling non-ethanol gas!

Great opportunity to expand food options by adding a hot deli and generate high margin food sales!

Geographic & Demographic Details:

Building area is 2,400 SF.

Average Traffic Count of 15,200 vehicles passing by the station each day!

Median Household Income is $48K!

Restaurants like Tri-County Seafood, El Girasol, Carter's Fried Chicken, King's Deli - Cordele, Git in My Belly, Chick-fil-A and Zaxbys Chicken Fingers & Buffalo Wings are within 5 miles.

Nearby hotels like Fairfield Inn & Suites, Best Western, Capital Inn, Lux Hotel, Suburban Studios, and Holiday Inn Express & Suites.

Universities like Albany State University Cordele Center, South Georgia Technical College, and Darton College collectively serve over 15,000 students and faculty.

Close proximity to Woodvale Apartments Ltd, Morningside Homes, Whisperwood, Pecan Terrace, Heritage Oaks, Turton Properties, and Suwanee House Apartments

Nearby schools like Crisp County Elementary School, and Southwestern Elementary School collectively serve over 900 students and faculty.

2 hours from Atlanta! 1 hour from Macon, GA! 45 min from Albany and Tifton, GA!

Asking Price for Business-Only has been reduced to $199,000 plus inventory!
About the Business
Website
https://riverbrokers.com/
Opportunities for Growth
No Jobber Contract! The store exclusively sells non-ethanol gas! Limited competition in the area selling non-ethanol gas!

Great opportunity to expand food options by adding a hot deli and generate high margin food sales!
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
2,400
Rent
$4,000.00 per month
Listing Info
ID
2411091
Listing Views
35
Business Location

Contact Seller

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Business Listed by: Rutvik Emil Dmello River Brokers

Listing ID: 2411091 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.