American-Owned, Absentee-Operated Gas Station in Eastman!
Listing was updated at: 03/13/2019
Property Overview
Price/Rent PSF $ 599,000.00 /0.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 1
Date Available 12/14/2018
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Profitable, American-Owned, Absentee-Operated store located on a busy street right next to a newly renovated McDonald's. Store located two hours South of Atlanta! Branded Gas Station with Rack+1 Jobber Contract expiring in 1 year! Includes a newly added fried chicken deli with high profitability! Deli is positioned correctly to where only one employee can handle both! High Lottery Store! Store has a history of doing up to $5,000 in Lottery commission per month! Current commission is $3,600 per month! Just the Lottery Commission will pay the mortgage! The current owner lives in California and tries to run the store remotely. Operating with 100% local employees. The true business may be very different from what the employees let him see. The numbers that we will send you are what the employees are reporting. Huge Potential for an Owner-Operator! Even under current numbers reported by employees, the store is generating a sizable profit at $10,000 per month! EBT just approved and to start this week which customers have been asking for! Especially with the new deli, and now EBT, sales will substantially grow! Sales can be easily increased by an owner-operator! Owner-Operator would make payroll in addition to $10,000+ in profit. Asking Price with Property: $599,000 + inventory! Lease-Purchase Available with 20% down, 15-year amortization, 7% interest rate, and a payoff in 2 years. Asking Price for Business-only: $79,000 + inventory! Rent will be $4,100 NNN with a 15-year lease available.