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Established Gas Station With Property In Charleston For Sale

Charleston, Mississippi, US
Asking Price:
$1,000,000
Sales Revenue:
$900,000
Cash Flow:
$123,612

Asking only $1M plus inventory!

Inside Sales are $75,000 Monthly! Outside Sales are 40,000 gallons at 10 cents margin per month! Seller collects $300 for renting a portion of the parking lot! ATM commission is $1,000 per month!

Net Profit is over $10,000 per month AFTER paying $7,500 per month in payroll! Seller is 100% Absentee because he stays an hour and a half away from the gas station!

The property consists of 2 separate buildings and includes a 1 bedroom apartment! There are also 3 extra commercial spaces!

Liquor license available! Buyer can convert one space to a liquor store and another space to a laundromat!

Buyer has lottery but does not focus on it as he is running with employees. There is huge potential to increase lottery sales with an owner-operator!

1.5 acres included!

Jobber contract has 12 years remaining and has 2 options: Rack+3 with all profit to the Buyer or 50-50 split with the Jobber. The pumps and canopy are brand new. Property has brand new LED canopy lights and a new price sign!

Average daily traffic count of 8,125 vehicles passing by the store each day!

2 mins from General Hospital. 3 mins from an Elementary School with over 590 students! 4 mins from High School with 250 students.

Asking Price for Business and Property: $1M + inventory!

Property Information

Real Estate:

Real Property Included

Location:

Charleston, MS