High Volume Convenience Store with Real Estate

Jackson, TN (Madison County)

The Store is now a Shell brand.
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Asking Price: Get Financing: $4,000,000

Cash Flow: $275,000

Gross Revenue: $4,925,164

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 2011

High Volume Convenience Store with Real Estate

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Business Description

Easy To Own and Operate Convenience Store With No Deep Fryers

2017 performance: 1,600,000+ gallons and $1,600,000+ inside sales This store has no real competition. By deed no other gas pumps are allowed in this shopping area.."The Columns". New development continues to open in this area. Seven straight years of substantial sales growth. Average fuel profit in 2017 was over 9%. Back office software has McLane on "auto order" for excellent inventory control. This computer system prints out the truck orders for all packaged beverage and beer suppliers as well to prevent overstocking. Cash flow in 2017 was $275,000+

The 2017 Tax Return, the 2017 year end financial statement and the fuel supply agreement will be provided in exchange for a signed contract and a $50,000 deposit. If no material differences are found on the tax return or the financial statement then the deposit is not refundable but would go toward the purchase price. The purchase price does NOT include inventory which would be paid at closing.

7 years remain on the fuel supply agreement and the fuel supplier must accept you as a customer based on your credit rating and by their contacting suppliers you have a history of payment with.

$3,750,000 is my BOTTOM price on this business and real estate. If you think that price is too high then please do not contact me. If you call to squabble about the price you will be treated in a rather rude manner by the owner.

Detailed Information

Real Estate:
Owned
Building SF:
N/A
Employees:
8
Facilities:
Split face block and steel frame construction. Thickly poured rebar reinforced concrete parking lot. 16 fueling stations.
Competition:
The only fuel pumps in this shopping area. By deed, no other fuel pumps are allowed in The Collumns. Gander Outdoors is due to re-open in June 2018. Tacos for Life is due to open in May 2018. New Hilton Garden Inn opened in February 2018.
Growth & Expansion:
New business, hotels, and a large children's medical clinic combined with the planned reopening of Gander Mountain should keep sales growing.
Support & Training:
Negotiable
Reason for Selling:
To do other things.
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Business Listed By:
Richard Arnold

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