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Gas Station W/ 8.45 Acres Property Near Chattanooga

Wildwood, GA, USA
Listed 192 days ago

Key Financials: No COAM Contract! Inside Sales are currently averaging $90,000 per month! Outside Sales are currently 25,600 gallons per month averaging 15 cents per gallon for regular gas and 20 cents per gallon for diesel! Gas Profit is $4,000 per month! Jobber Contract is Rack+1 with JAT Oil. Seller receives a 2-cent rebate! Lottery Commission is $2,500 per month! ATM commission is $500 per month! Game machine commission is an average of $16,000 per month one-side! Buyer will receive a 5-year COAM contract. Buyer may receive a COAM waiver for the right price! Truck Parking rental income is $4,500 per month! Net Profit is over $27,000 per month AFTER paying $11,500 in Payroll and all other expenses! Huge opportunity for an Owner-Operator to take home nearly $40,000 per month! JUST the Real Estate appraised for $3,050,000 in September of last year! That $3,050,000 does not include the business value! Property & Development Potential: Separate Kitchen with Vent-a-Hood in the Building! Huge opportunity to expand the kitchen and provide more options! Building is 4,000 sq ft! Property is huge at 8.45 acres! Opportunity to develop the remaining land! Prime highway frontage and excellent visibility with heavy trucker and traveler traffic! Additional land can be used to develop a Hotel/Motel, RV Park, Mechanic Shop, Storage Units, or Franchise QSRs! Geographic & Demographic Details: Local population growth is 3% per year and median household income is over $87k! Nearby restaurants are Subway, LemonGrass Thai, Cracker Barrel, Logan's Roadhouse and Blackstone Grille! Located at the Georgia-Tennessee border on the Georgia-side! Tennessee customers visit to play game machines! Located only 15 min from Chattanooga, TN! Less than 2 hours from Atlanta, GA! Asking Price for Business and Property is only $3.1M plus inventory!

Location

Wildwood, GA

Real Estate

Real Property Included

Management Type

This business is owner operated.

Financials

Asking Price
$3.1M
RevenueMost Recent Year
$1.1M
Earnings (SDE)Last Reported
$324K
Assets Value
Undisclosed
Seller Financing
Not available

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