Tennessee Gas Station with Property between Nashville and Ch
Listing was updated at: 06/04/2019
Property Overview
Price/Rent PSF $ 819,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 05/06/2019
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$70,000 inside sales! Store does a very good deli at $14,500 a month! High margin store. Lottery commission is $1000 a month, ATM is $700. Gas is sold at a 15 cent mark up and diesel mark up at 25 cents! Current gas gallons are 40,000 with current diesel sales at 3000 gallons monthly! Busy Interstate! Exit Location! The store is 1.6 miles away from a company which employs more than 200 employees. The Nissan and Infinity Factories are 6 miles away from the store and employ about 1500 people. The gas station is 3 mins away from the elementary school. Less than one hour from Chattanooga, TN! Only one hour from Nashville, TN! Major exit for Bonnaroo weekend! Each year, about 80,000 people come to town for the Bonnaroo weekend. All tourists have to pass this gas station in order for them to get to the event. Live music venue happens only 6 miles from the store. The Hog Fest event happens 3 times a year right across from the store, with nearly 1000 people during the event. Owner has moved 80 miles away from the store, and cannot operate it effectively. In addition, the owner is having partnership issues. Asking Price: $819,000 + inventory! Seller will entertain a lease-purchase agreement for the right buyer and the right down payment.