Key Financials:
EBT was just approved! There are 407 households within a 3-mile radius with a median household income of $31k! Inside Sales are going to increase tremendously! Price will increase once inside sales go up!
Inside Sales are an average of $42,000 per month. Store includes full kitchen! Kitchen Sales generate an average of $5,000 per month at 45% margin!
Outside Sales are 15,000 gallons per month at over 30 cents average margin per gallon!
Lottery Commission is $2,100 per month! ATM Commission is $500 per month! Check Cashing commission is $560 per month!
Game machine commission is an average of $21,000 per month one-side with 4 and a half years remaining on the COAM contract!
Net Profit is over $25,000 per month AFTER paying $9,500 in Payroll and all other expenses! There is a MASSIVE opportunity for an Owner-Operator to take over and increase profits by lowering payroll and adding EBT!
Jobber contract is Rack+2 with less than 8 years remaining.
Inventory is currently low! Plenty of upside with stronger management!
Store Information:
Building area is 3,312 sq ft!
20-door walk-in cooler newly installed!
Upgraded Restaurant Hood and Kitchen included! Seller paid $65,000 for the upgrade!
Geographic & Demographic Details:
Local population is growing by 3% annually!
Median household income is nearly $66k!
Store benefits from over 1,000 visitors drawn to the nearby tourist attractions including the historic Trail of Tears.
50 new homes are being built directly behind the store — huge growth potential! A mixed-use development featuring a multi-tenant commercial building and 172 luxury apartments.
20 min from Rome, GA! 1 hour 20 min from Marietta, GA! 1 hour 30 min from Chattanooga, TN and Atlanta, GA!
Asking Price for Business and Property: $1.4M plus inventory! Price will increase once inside sales go up now that EBT is approved!
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
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