Inventory-Only Price for Store in Columbus, MS - Offer Won’t Last Long

Columbus, MS (Lowndes County)

Inventory-Only Price for Store in Columbus, MS - Offer Won’t Last Long
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Asking Price: N/A

Cash Flow: $36,000

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Rent: $2,300 /Month

Established: N/A

Inventory-Only Price for Store in Columbus, MS - Offer Won’t Last Long

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Business Description

Seller is willing to give away the store for Inventory Only!

Seller lives in Dallas, Texas and purchased the gas station for his brother-in-law to operate the store. His brother-in-law was taking home his share of $4,000 of net profit from the store!

Unfortunately, this operator lived way beyond his means and liked to live a lavish life. He maxed out his credit cards from online shopping and even unnecessarily stayed in a 3-bedroom apartment in Columbus. As a result, the brother-in-law decided to leave and take some cash and inventory from the store.

The seller who financed the store works in IT full-time in Dallas, Texas with his family there. Right now, he is operating the store in Columbus.

Owner-Operator can easily take home $5,000 to $6,000 depending on how much they want to work! The store solidly generates a net profit of $3,000 per month after payroll and all expenses! Inside sales are currently $27,000 per month and 20,000 gallons of gas sold monthly, generating a gas profit of $3,000 per month! Gas profit more than pays for the rent at $2,300 NNN with 9 years remaining on the lease!

ATM / Air Machine commission is $300 per month. Jobber owns the land and the gas contract is 3 cents fixed commission.

All sales are verifiable!

Room to add a deli and other income streams like phone cards and check cashing! Huge Potential for Owner-Operator!

Seller cannot work his job in IT and also manage the station and is willing to give up the store for INVENTORY ONLY!

There is approximately $30,000 in inventory at cost. Jobber requires a security deposit of about $16,000. Buyer only needs to bring $46,000 to the table for a fully operational store!

If interested, call us anytime at (770) 415-9940.

Detailed Information

Location:
Columbus, MS
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
N/A
Growth & Expansion:
Room to add a deli and other income streams like phone cards and check cashing! Huge Potential for Owner-Operator!
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Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

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