Price Reduced! Gas Station Business-only in Cordele, GA! Lotto Comm is $8,500 Monthly! COAM Contract expiring in 9 months!!

$199,000

Price Reduced! Gas Station Business-only in Cordele, GA! Lotto Comm is $8,500 Monthly! COAM Contract expiring in 9 months!!

COAM contract is expiring in just 9 months! Huge opportunity to sign a new COAM contract!

Inside sales are currently averaging over $35,000 per month. Outside sales are averaging 15,000 gallons per month with a gross margin of 20 cents per gallon.

Lottery commission is $8,500 per month! ATM commission is $250 per month!

COAM commission is $2,500 per month!

The rent is only $4,000 per month with a 15-years lease available to the Buyer! The rent will increase by only $100 every 5 years!

The store is currently operated by a couple collecting payroll of $6,500 per month.

Net profit is over $9,000 per month AFTER paying $6,500 in Payroll, as well as rent and all other expenses!

Owner-Operator can reduce payroll cost and take home more than $12,000 per month!

Store Information:

COAM contract has only 9 months remaining!

No Jobber Contract! The store exclusively sells non-ethanol gas! Limited competition in the area selling non-ethanol gas!

Great opportunity to expand food options by adding a hot deli and generate high margin food sales!

Geographic & Demographic Details:

Building area is 2,400 SF.

Average Traffic Count of 15,200 vehicles passing by the station each day!

Median Household Income is $48K!

Restaurants like Tri-County Seafood, El Girasol, Carter’s Fried Chicken, King’s Deli – Cordele, Git in My Belly, Chick-fil-A and Zaxbys Chicken Fingers & Buffalo Wings are within 5 miles.

Nearby hotels like Fairfield Inn & Suites, Best Western, Capital Inn, Lux Hotel, Suburban Studios, and Holiday Inn Express & Suites.

Universities like Albany State University Cordele Center, South Georgia Technical College, and Darton College collectively serve over 15,000 students and faculty.

Close proximity to Woodvale Apartments Ltd, Morningside Homes, Whisperwood, Pecan Terrace, Heritage Oaks, Turton Properties, and Suwanee House Apartments

Nearby schools like Crisp County Elementary School, and Southwestern Elementary School collectively serve over 900 students and faculty.

2 hours from Atlanta! 1 hour from Macon, GA! 45 min from Albany and Tifton, GA!

Asking Price for Business-Only has been reduced to $199,000 plus inventory!

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

Details

Price: $199,000

Property Type: Business-only

Purpose: Rent

Status: Available

Area: 2400 Sq Ft

Address: Cordele, GA 31015

State: GA

Zip Code: 31015

City: Cordele

Country: USA

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