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Arkansas West Memphis Unbranded Gas Station C-store Fast-food

Crittenden County, AR, USA
Listed 149 days ago

Arkansas West Memphis Unbranded Gas Station C-Store Fast Food | Profitable Business Opportunity This location offers a high-margin business with substantial growth potential, perfect for a dedicated owner-operator or family.  The seller is changing the tanks.  Currently, gas sales are low at about 10,000 gallons per month of only regular gas sales; however, sales should increase tremendously once the new tank is installed soon.  $55,000 in average monthly merchandise sales, increasing.  The station used to do $90,000 in inside sales and 40,000 gallons of gas per month.  The landlord just evicted the old tenant who has been operating the business since 2016.  Due to mismanagement, the Landlord had to take over.  This opportunity is now for sale to a new owner-operator of the company. Key Features SG # 11635 Business Type: Gas Station and Convenience Store Building Size/Type: 1200 C Store - This is a stand-alone building Fast Food:  Fully equipped kitchen ready to go Located near two highway exits, I-40 and I-55.  Near a casino and downtown Memphis, TN Financial Highlights Listing Price: $125,000 Plus Inventory for Business Inventory Value: $60,000 Annual Gross Sales: Over $1,020,000 Annual Owner Profits: Over $110,000, including manager salary Monthly Rent: $6000 Revenue Opportunities Merchandise Sales: $55,000 average monthly sales with higher margins Gas Sales: 10,000 gallons per month of regular gas sales only.  Used to do 40,000 gallons per month with high margins.  Sales are currently low until the seller changes the gas tanks. Additional Income Streams: There is an opportunity to generate additional revenues through Lottery, ATM, air pump, cigarettes, and other rebates and commissions Why Invest in This Unbranded Gas Station and C-Store? Growth Potential: Room to add profit centers and expand services Prime Location: Positioned in a busy area with consistent traffic Motivated Seller: Seller is ready to negotiate with the right buyer Turnkey Operation: Training available to ensure a smooth transition Contact The Saleh Group for more information and showings. Visit us online at www.salehgroup.com. Please do not disturb employees during visits.

Real Estate

Lease

Leasehold Rent

$72,000 per annum

Premises Details

1200 C Store - This is a stand-alone building

Support & Training

Training available to ensure a smooth transition

Size In Square Feet

1,200

Inventory / Stock Value

$60,000

Reason for Selling

Owner looking for right operator

Financials

Asking Price
$125K
RevenueMost Recent Year
$1.0M
Earnings (SDE)Last Reported
$110K
Assets Value
Undisclosed
Seller Financing
Not available

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