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Absentee-Owned Gas Station Business-only in Gainesville, GA! Inside Sales at $75K!

RetailFor Sale in Gainesville, GA

Listing ID: Gainesville450k | Broker Listing ID:

Financial & Assets Details


About the Business

Business Description

Please do NOT speak to employees! The seller is never on site! If the seller finds out you spoke to employees then he will not do a deal with you!

Inside Sales currently $75,000 per month! Deli sales are $8,000 monthly at 65% margin! The deli used to do about $13,000 in sales pre-COVID.

Very high lottery commission at $5,400 per month! Game machine commission is $3,200 per month! COAM Contract expires in 2023!

The store is currently absentee operated with the seller paying $10,000 in monthly payroll. Owner Operator can increase sales and lower the payroll!

Seller's net profit after expenses and high payroll is close to $12,000 per month!

Currently, there is a jobber contract for Rack + 1. 12 years jobber contract remaining with Jones Petroleum. New Pumps, Registers, LED signs, Veeder Root system. Seller had remodeled and painted the entire store and converted to a BP.

Huge demand for check cashing! Seller does not currently have EBT nor money service. Seller is running the store with employees only and does not want to run money service and EBT. New buyer can get EBT license and money service to substantially increase sales! Seller used to generate $7,000 more in EBT sales and $2,000 monthly in money service commission!

Rent is $10,000 NNN with a 20-year lease with only a 7% increase every 5 years!

1 ½ hrs from Atlanta, GA! 30 mins from Lake Lanier!

Walking distance from a hospital, which is adding a new south wing with 700 new beds and 3000 new employees!

In addition, near to medical offices, schools, apartment complex totaling 96 units. A mile away from Gainesville Downtown, Brenau University (total enrollment is about 2,800 students). Surrounded by residential homes, restaurants and other retailers.

10 mins from the Botanical Gardens, Lanier Technical College enrolled about 3,500 students. University of North GA – Gainesville Campus enrolling about 7,500 students

Average Daily Car Count is extremely high at 48,700!

Asking Price for Business-only is $450,000 + inventory! Inventory is about $80,000 at cost.

Please do NOT speak to employees! The seller is never on site! If the seller finds out you spoke to employees then he will not do a deal with you!

If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Listing ID: Gainesville450k

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