Absentee-Owned Gas Station in Quitman, GA!
Key Financials:
No COAM Contract!
Asking Price has been reduced to only $299,000 plus inventory! Deal won't last long!
Seller is also willing to lease the store for $129,000 plus inventory in goodwill and $2,000 NNN rent with a 15-year lease available!
Seller is 100% Absentee with local employees! Please do NOT speak to the employees! Only visit as a customer! Seller will not do a deal with you if you speak to employees!
Owner-Operator can take over and significantly reduce payroll and increase profits!
Store opened a year ago! Inside Sales are currently averaging $35,000 per month and growing!
Outside Sales currently average 5,000 gallons per month with an average fuel margin of 80 cents to 1 dollar per gallon!
No Jobber Contract!
Lottery Commission currently averages $750 per month. COAM averages $2,500 per month! No COAM Contract! Huge Opportunity for an Owner Operator to take over and increase game machine income and sign a new COAM contract!
Seller recently added ATM and UHAUL services.
Store & Property Information:
Property is 1.2 acres!
Very limited food competition nearby! This is the only gas station and convenience store within 5 miles! All food options are also 5 miles away! Buyer can put in a food truck and generate a significant income from deli sales!
Store is equipped with Hunts Brothers Pizza with $30K equipment which is very popular among locals. Add more hot and ready food options or corner the market and add a restaurant or country bar with the unused land!
The store is also equipped with a brand new beer cave and a brand-new pump!
No water bill because a new well built in 2024 is on site!
Electricity bill is only $700 per month!
Geographic & Demographic Details:
Local population is steadily increasing with a Median Household Income of $37k!
30 minutes from Valdosta, GA! 1 hour 10 minutes from Tallahassee, FL! 2 hours from Jacksonville, FL and Gainesville, FL! 2 hours 20 minutes from Dothan, AL! and 3 hours from Columbus, GA!
Asking Price for Business and Property only $299,000 plus inventory!
Asking Price for Business-only: $129,000 plus inventory! Rent is only $2,000 NNN per month with a 15-year lease available to the Buyer!
Financials (USD)
Asking Price $129,000
Cash Flow Not Disclosed
Sales $420,000
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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