One Year Left on COAM Contract! Absentee-Owned Gas Station with Property in Quitman, GA!

$399,000

Absentee Owned! Owner-Operator can take over and significantly reduce payroll and increase profits!

Store opened less than a year ago! Inside Sales are currently averaging $35,000 per month! Outside Sales currently average 5,000 gallons per month. Seller is absentee and has not focused on the business.

NO JOBBER CONTRACT! Average fuel margin is 80 cents to 1 dollar per gallon!

Lottery Commission averages $750 per month!

COAM averages $2,500 per month! One year remaining on the COAM contract.

Seller recently added ATM and UHAUL services.

Property is 1.2 acres!

Very limited competition nearby! This is the only gas station and convenience store within 5 miles! All food options are also 5 miles away!

Store is equipped with Hunts Brothers Pizza which is very popular among locals. Add more hot and ready food options or corner the market and add a restaurant or country bar with the unused land!

No water bill because a well is on site! Electricity bill is only $700 per month!

Local population is steadily increasing with a Median Household Income of $37k!

30 minutes from Valdosta, GA! 1 hour 10 minutes from Tallahassee, FL! 2 hours from Jacksonville, FL and Gainesville, FL! 2 hours 20 minutes from Dothan, AL! and 3 hours from Columbus, GA!

Asking Price for Business and Property only $399,000 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 : $399,000
Property Type : Business and Property
Purpose : Sell
Status : Available
Address : Quitman, GA
State : GA
City : Quitman

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