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$4,000 Lottery & $1,000 ATM Gas Station in GA!

Listing was updated on: 12/06/2019
$4,000 Lottery & $1,000 ATM Gas Station in GA!

Property Overview

Price/Rent PSF $ 2,500.00
Asset Type Retail
Trade Type Lease
SQ. FT. Available 1
Date Available 09/10/2019
Search Demographic Data
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Description

Game machine contract has been released! Buyer can get new game machine contract! Inside sales are $50,000 per month! Lottery Commission is $4,000 per month! ATM commission is over $1,000 per month! ATM commission has gone up substantially since ATM fees are among the lowest in the area at $1.75 per transaction. Store Net Profit is over $11,000 per month after paying all expenses, rent, and a payroll of $6,000 per month! Game machine commission is currently $1,000 one-side per month. We can help you secure a new game machine contract! No Jobber Contract! Gas sales are 10,000 gallons with 30 cents margin. Rent is only $2,500 total. Tenant does NOT pay property tax or property insurance! Lease expires in 2028 with the ability to exercise a 5-year renewal option in 2023. Rent will increase to only $2,700 in 2023! 5 mins away from the regional airport and a leading manufacturing company that employs 500+ employees! Seller has had the business since 2013! He just acquired a new business near Chattanooga and wishes to move closer to the other business. Asking Price: $129,000 + inventory! Inventory is approximately $50,000 at cost.

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