Oak Park GA Convenience store for lease

Oak Park, GA (Emanuel County)

Oak Park GA Convenience store for lease
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Asking Price: $380,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Established: 2015

Oak Park GA Convenience store for lease

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Business Description

Only store in town. Approved for beer and LIQUOR license. Rent $1000/M

Only store in town which was doing excellent business with high margin inside and above average margin per gallon. However, before we purchased this property the store was closed down due to poker machine gambling activities. Previous business records and reports are still in store to verify numbers.

Store is approved for beer, wine and LIQUOR license. Will do excellent business with fried chicken and pizza program. This will be ONLY liquor store in 15 miles radius.

We will lease this store to qualified individual for only $1000 per month. In order to qualify you must provide following: (a) $10,000 refundable security deposit, which will be held against lease performance and returned only if tenant is not under default (b) Sign 10 years lease with two terms of 5 years each, first term monthly rent $1000 and second term monthly rent $1200 (c) Obtain insurance at own cost and provide proof of insurance before occupancy (d) Property tax (approximately $1600) shall be paid every month as installment of $133 per month. (e) Tenant will do all improvement at his own cost. However, all improvement shall be written and pre-approved by Landlord.

Since rent is only $1000 per month, one could pay rent from Georgia Lottery commission income.

Tenant will require additional $40,000+ for inventory and gasoline, which will be totally in tenant's control of how to purchase inventory and when to do it. However, we would require proof of funds in Tenant's name to ensure financial capabilities and avoid business failure.

This is excellent opportunity for anyone with limited funds and willing to establish business value.

Attached Documents


Detailed Information

Location:
Oak Park, GA
Employees:
01
Facilities:
2400 square feet building with 3 fuel dispensers.
Competition:
Small town with no competition near by. Residents and city officials are waiting for this store to open and give them convenience of store in town.
Growth & Expansion:
Small town is where you will make good profits with least competition. However, you will not be able to enjoy city life. Nearest city is Vidalia, which is 15 miles away.
Reason for Selling:
Landlord has other business location.
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Business Location


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Business Listed By:
Satish Patel

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