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1 hr from Duluth! Gas Station w/ Apartment in Cleveland, GA!

Listing was updated on: 09/17/2019
1 hr from Duluth! Gas Station w/ Apartment in Cleveland, GA!

Property Overview

Price/Rent PSF $ 5,000.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1
Date Available 09/17/2019
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Description

1 hour from Duluth, Lawrenceville, and Lilburn! Inside Sales are close to $60,000 per month! Outside sales approximately 28,000 gallons per month at 14 cents markup! Over $2,300 lottery commission per month! Game Machine contract expires in less than 1 year! Currently $900 monthly game machine commission. Seller invested $40,000 in a beautiful commercial deli for the Buyer! Seller is vegetarian and does not want to personally deal with meat. Buyer can do minimum $20,000 in just deli sales due to the high demand for food and lack of competition! Huge store at over 5,000 sq ft with huge potential for major deli sales and adding more inventory! Currently no EBT at the store! 1 bedroom apartment with an office located onsite! Rent is $5,000 NNN with a 5+5+5 year lease available for both the apartment and the store! Gas profit and game machine commission pay for the rent! Seller has had the business for 14 years and is now ready to retire. It will be great for a young, energetic owner-operator that can market the deli and drive additional sales. The property is owned by Seller and will use it as a retirement income, so rent cannot be negotiated and property is not available to purchase. Jobber put in brand new pumps and register! Jobber contract is Rack+1 with 10 years remaining. Jobber is S.A.Y. Oil. No jobber deposit required if the Buyer’s credit is sufficient. Cleveland, GA is home to multiple wineries and tasting rooms, as well as river tourism that attract people from all over Georgia and surrounding states! Hospital is only 10 mins away! 7 mins from the local university! Asking Price: 219,000 + inventory! Inventory is approximately $50,000.

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