American, Absentee Owned Gas Station near Vidalia, GA! No COAM Contract!!

1485 Georgia 19, Glenwood, GA

$449,000

Price

 
 
Overview
Description

Seller is asking only $449,000 + inventory! Appraisal from 2017 values the property at $455,000! Sales are going up!

Seller's Net Profit after full-time employee payroll of $8,320 and all expenses is over $12,000 per month! Mortgage will only be approximately $3,000 per month! Net Profit after mortgage is $108,000 yearly for a 100% Absentee business! Huge potential for Game Machines and Diesel at the location! Down Payment Required is only $100,000 for a bank loan!

Please do not speak to employees! This store is 100% absentee owned and Seller will not do a deal with you if you speak to employees!

Absentee Owned! American Owned Gas Station with Property! 30 minutes away from Dublin, GA! One hour from Macon, GA! 20 minutes from Vidalia, GA! Located at a major street intersection with over 2,250 vehicles passing by the store every day!

Inside sales are more than $50,000 per month including $26,000 in deli sales with high margins! Employees operate the deli full-time! Lottery commission is $550 per month. No COAM Contract. Buyer can put in their own game machines! No negative effect from the coronavirus!

No jobber contract! Gas sales are 6,000 gallons at 25 cents! Buyer can secure a brand new jobber contract and add diesel! Huge potential for diesel at that intersection! High number of 18-wheelers drive through the location every day!

Minimal competition! Seller only recently installed ATM! Seller only visits the store to do back-office paperwork!

No water bill because a private well is located onsite! Property is 2 acres!

Store located nearby major river tourism with a large public boat landing. Store has been established for over 30 years and well-known in the area! Seller renovated the entire building with a new septic system and Ruby II system and many more upgrades!

Priced to Sell! Asking Price for Business and Property only $449,000 + inventory! Appraisal from 2017 values the Property at $455,000!

Please do not speak to employees! This store is 100% absentee owned and Seller will not do a deal with you if you speak to employees!

If interested, please email your full name and best contact number to info@riverbrokers.com


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