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Gas station Property with Multiple Food Franchises in TN!

Listing was updated on: 06/18/2019
Gas station Property with Multiple Food Franchises in TN!

Property Overview

Price/Rent PSF $ 975,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 06/19/2019
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Description

Lottery commission is $2,700 a month! Fuel sales are 42,000 gallons a month with over 10 cents a gallon in margin! Store does $52,000 in inside sales. Cap rate of over 16%! Gas Station with 3 franchises! Seller added Baskin Robbins, Hunt Brothers Pizza, and The Dapper Doughnut. The only Baskin Robbins in the city of Dyersburg! The Dapper Doughnut is a new franchise that is growing in high demand and reputation in the Southeast. The Dapper Doughnut franchise also opened a new location in the Upscale Atlanta mall called Lenox Square Mall. The franchise is doing amazing and has a great product for the consumer and a great structure for the franchisee. The gas station is geographically surrounded by a multitude of major manufacturing plants. The exit is adjacent to the Dyersburg Commerce Park. Companies such as North Down, Ermco, Firestone, Rough Country, Nordyne, Dot Foods, Cupples', NSK, EZ, Auston Mealer, and BT Redimix. These are just a few of manufacturing plants that surround the gas station in Dyersburg. Gas station is 2240 sq. ft built in 2004! Only an hour and a half from Memphis. Dyersburg has a population of over 17,000. Community college is located near to the store. Must-see property. Well maintained! Seller has operated the business for 12 years at the same location. Seller has medical issues and needs to retire and undergo surgeries in his home country. Baskin Robbins and Donut franchises have over 300% profit! Seller is willing to let the Buyer be at the store for upto one month to verify sales and profitability during the due diligence period. Priced to Sell: Price includes Business, Property, and all 3 Franchises at only $975,000 + inventory! Lease-Purchase Available for the Right Buyer!

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