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Established Gas Station Business-only In Atlanta For Sale

Atlanta, Georgia, US
Asking Price:
$299,000
Sales Revenue:
$480,000
Cash Flow:
Under $50K

Inside sales are currently $40,000 per month for a 100% absentee owner! Outside sales are over 50,000 gallons per month at an average of 15 cents per gallon! Gas profit is $7,500 per month!

The lottery commission is $3,150 per month! ATM commission is $900 per month! Game machine commission on one side is $2,600 per month!

The jobber contract is Rack+1 with 4 years remaining. The COAM contract has less than 3 years remaining!

The seller is paying an extremely high payroll of over $10,000 per month because he is 100% absentee. There is a huge opportunity for an owner-operator to save on payroll costs!

Rent is only $8,500 NNN per month, with nearly 10 years plus a 5-year option to renew! There are over 14 years left on the lease! The car wash building is not included in the lease.

Located in Atlanta! 10 minutes away from Atlanta Downtown and Decatur, GA!

The total population within 5 miles is 292,400 people!

Close proximity to universities like GSU Perimeter College, Beulah Heights University with 641 students, Morris Brown College, Atlanta Metropolitan State College with over 1,400 students, and DeVry University with 913 students.

Near apartment complexes like The Broadway at East Atlanta, Highlands of East Atlanta, Gardenside at The Villages of East Lake, Marley EAV, 915 Glenwood Apartments, The Grant, and Glenwood Park Lofts.

Asking Price for Business- Only: $299,000 plus inventory!

Property Information

Real Estate:

Lease

Location:

Atlanta, GA