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C-store With Property In Forest Park, GA

Forest Park, GA, USA
Listed 213 days ago

Key Financials: Asking price has been reduced to only $879,000 plus inventory! Store opened last year, and sales are growing month over month! Inside Sales are currently averaging $20,500 per month. Currently the store does not have EBT! Huge opportunity to add EBT and increase sales! Lottery Commission averages $1,500 per month! ATM Commission is $200 per month! COAM commission is $6,500 per month one-side! COAM Contract has 4 years remaining. Net profit is $6,000 per month AFTER paying $4,800 in Payroll and all other expenses! Store Information: Building is 2,640 sq ft! The property includes 2 lots and is a total of almost 1 acre. Gas pumps can easily be added on the neighboring lot! Seller is selling because he has over expanded and has multiple stores and does not have the cash flow to maximize operations! HUGE opportunity to make high-margin deli sales! Currently, the store does not have a deli, but a buyer can easily add one and expand services! The property is located in a Hispanic neighborhood, ensuring steady and loyal customer traffic! This is a rare chance to acquire a high-visibility convenience store with property in a strong Hispanic trade area of Forest Park, GA! With a large building, low payroll, and expansion potential, this store is ready for a new owner to take it to the next level! Geographic & Demographic Details: Population is increasing by 4% annually! Median Household Income is nearly $57,000! Hotels close by include Country Inn & Suites, Kimpton Overland Hotel, Southern Suites Forest Park, and Four Points by Sheraton, ensuring steady guest traffic within arm’s reach! Neighboring restaurants include John’s Southern Cookin, The Crab Trap House, El Sabor De Eli, Xhale Bar & Grill, and Taqueria Palafox bring vibrant local and community crowds right next door! Schools within reach include Forest Park High, Thurgood Marshall Elementary, Lake City Elementary, and Jewell C. Anderson Elementary, serving thousands of students and staff just around the corner! Institutions in the vicinity include Clayton State University, Atlanta Technical College, and DeVry University, together they serve over 10,000 students and faculty! Apartments adjacent to the site include Century Forest Apartments, Maple Lake Townhomes, Centennial Ridge, Bradford Ridge, and Nirvana Breckenridge, offer dense residential reach and a dependable customer base close at hand! Located in Metro-Atlanta! Less than an hour from Lawrenceville, GA, Duluth, GA and McDonough, GA! 1 hour from Marietta, GA and Alpharetta, GA! 1 hour 30 minutes from Athens, GA and Rome, GA! Asking Price for Business and Property has been reduced to $879,000 plus inventory! Inventory is guesstimated to be approximately $40,000! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to [email protected]

Location

Forest Park, GA

Real Estate

Real Property Included

Management Type

This business is owner operated.

Financials

Asking Price
$879K
RevenueMost Recent Year
$246K
Earnings (SDE)Last Reported
$72K
Assets Value
Undisclosed
Seller Financing
Not available

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