Gas station with Conv store($99,000 Goodwill+ $2,900 Rent +Inventory )

Mcminnville, TN (Warren County)

Store from outside

Asking Price:$99,000

Cash Flow:N/A

Gross Revenue:$1,320,000

EBITDA:N/A

FF&E:$25,000

Inventory:$55,000*

Real Estate:N/A

Established:1992

*not included in asking price.

Gas station with Conv store($99,000 Goodwill+ $2,900 Rent +Inventory )

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Business Description

Gas station with Conv store($99,000 Goodwill+ $2,900 Rent +Inventory )

Gas station with Convenient Store, 716 South Chancery St, McMinnville TN, 37110

Contact: Harry Patel @ 931-510-5420 or email: hppatel22@yahoo.com

Property: 54,450 Square feet (1.25 Acre)

Inside Sale: $ 55,000/month (Does not include Lottery and Gas)

Lottery: $ 24,000/month (6.5% commission)

Gas: 27,000 Gallons/month …… ( Digital Gas Sign,10 pumps, Ethanol and Non-Ethanol both ). No Contract with Gas Company…..Average 15-17 cents profit per Gallon of Gas

Monthly Deli: $ 2000/month (Breakfast and Lunch)

Private ATM ($ 2 Commission/ transaction): Appx $ 200 /month commission

Hours of operation: (5 AM to 9 PM) Only one employee needed at any given time to run the store

This Gas station is operated and managed by Employee currently. Business could increase tremendously if supervised, operated and managed by owner and Family.

Leasing : 10 to 20 Year lease ( $99,000 Goodwill + Inventory ),
Rent: $2,900/Month
Non-Negotiable

See attached 2016 Purchase invoice, Department wise Sales summary of last 5 months, Income/Expense/Profit report ( Reports may not open in cellphone, might have to use computer to view them )

Contact: Harry Patel @ 931-510-5420 or email: hppatel22@yahoo.com....

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
54,450
Employees:
1
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Competition:
Conveniently located around the huge residential area on the Highway 55.
Support & Training:
Owner will train and support the new buyer for 2 weeks
Reason for Selling:
Owner moving out of town.

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Business Listed By:
Harry Patel

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