Absentee-Owned Gas Station with Property in Tunica, MS
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Key Financials:
Inside Sales average approximately $70,000 per month at 35% margin! Deli sales are about $15,000 of the Inside Sales! High Margin!
Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months!
Store includes a fully equipped kitchen with vent-a-hood, grill, and salad bar!
ATM and Air Machine together generate $1,000 per month!
Outside Sales are 32,000 gallons per month at 18 cents margin per gallon! Average Gas Profit is over $5,700 per month!
Jobber contract is 50/50 commission split with 16 years remaining. Seller pays ZERO in Credit card fees! All Credit Card Fees are paid by the Jobber! All maintenance and repairs to the fuel equipment are handled by the Jobber!
Average Net Profit is over $14,000 per month AFTER all expenses including $12,000 payroll for an ABSENTEE Owner! Seller only visits the store once a week!
Cap Rate is 10%!
An Owner-Operator can take home more than $20,000 per month and further increase sales!
Manager is currently paid $15 per hour. Buyer can decide to retain the manager and run it absentee or run it themselves!
Seller is selling because he plans to move back to his home country.
Store & Property Information:
Seller does NOT currently have lottery! Huge opportunity for a buyer to add Lottery and immediately increase profit and traffic!
Building area is 3,120 sq ft!
Real Estate Included! No Landlord, No Rent Escalations, Long-Term Asset Appreciation! Take advantage of 100% Bonus Depreciation while it lasts!
The business has an established local customer base and maintains a 4+ star rating on Google, supporting consistent repeat traffic.
Geographic & Demographic Details:
Excellent location with easy access to US-61, capturing steady local traffic as well as strong flow from the Tunica casino corridor!
Located near the Tunica casino corridor, one of the largest gaming destinations in the Mid-South, drawing consistent regional traffic from Memphis and surrounding markets. Positioned along US-61, a major route connecting Tunica to Memphis, the property benefits from steady local traffic as well as strong transient flow.
Median Household Income is over $48k.
Nearby schools, including Tunica Elementary School and Rosa Fort High School, collectively serve approximately 2,000 students and faculty.
Nearby hotels include Royal Inn & Suites Tunica and Days Inn by Wyndham Tunica Resorts, supporting local and regional traffic.
Limited restaurant availability for local customers! The only restaurants in the area include Subway, Waffle House, Church's Chicken, and Blue & White Restaurant!
Less than an hour to Memphis, TN! Less than 40 min to Southaven, MS! 3 hours to Jackson, MS!
This is a rare opportunity to acquire both a cash-flowing business and the underlying real estate in a high-demand regional corridor with strong upside potential.
Asking Price for Business and Property: $1.7M plus inventory!
Inside Sales average approximately $70,000 per month at 35% margin! Deli sales are about $15,000 of the Inside Sales! High Margin!
Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months!
Store includes a fully equipped kitchen with vent-a-hood, grill, and salad bar!
ATM and Air Machine together generate $1,000 per month!
Outside Sales are 32,000 gallons per month at 18 cents margin per gallon! Average Gas Profit is over $5,700 per month!
Jobber contract is 50/50 commission split with 16 years remaining. Seller pays ZERO in Credit card fees! All Credit Card Fees are paid by the Jobber! All maintenance and repairs to the fuel equipment are handled by the Jobber!
Average Net Profit is over $14,000 per month AFTER all expenses including $12,000 payroll for an ABSENTEE Owner! Seller only visits the store once a week!
Cap Rate is 10%!
An Owner-Operator can take home more than $20,000 per month and further increase sales!
Manager is currently paid $15 per hour. Buyer can decide to retain the manager and run it absentee or run it themselves!
Seller is selling because he plans to move back to his home country.
Store & Property Information:
Seller does NOT currently have lottery! Huge opportunity for a buyer to add Lottery and immediately increase profit and traffic!
Building area is 3,120 sq ft!
Real Estate Included! No Landlord, No Rent Escalations, Long-Term Asset Appreciation! Take advantage of 100% Bonus Depreciation while it lasts!
The business has an established local customer base and maintains a 4+ star rating on Google, supporting consistent repeat traffic.
Geographic & Demographic Details:
Excellent location with easy access to US-61, capturing steady local traffic as well as strong flow from the Tunica casino corridor!
Located near the Tunica casino corridor, one of the largest gaming destinations in the Mid-South, drawing consistent regional traffic from Memphis and surrounding markets. Positioned along US-61, a major route connecting Tunica to Memphis, the property benefits from steady local traffic as well as strong transient flow.
Median Household Income is over $48k.
Nearby schools, including Tunica Elementary School and Rosa Fort High School, collectively serve approximately 2,000 students and faculty.
Nearby hotels include Royal Inn & Suites Tunica and Days Inn by Wyndham Tunica Resorts, supporting local and regional traffic.
Limited restaurant availability for local customers! The only restaurants in the area include Subway, Waffle House, Church's Chicken, and Blue & White Restaurant!
Less than an hour to Memphis, TN! Less than 40 min to Southaven, MS! 3 hours to Jackson, MS!
This is a rare opportunity to acquire both a cash-flowing business and the underlying real estate in a high-demand regional corridor with strong upside potential.
Asking Price for Business and Property: $1.7M plus inventory!
About the Business
- Website
- https://riverbrokers.com/
Real Estate
- Owned or Leased
- Owned
- Not included in asking price
- Building Sq. Ft.
- 3,120
Listing Info
- ID
- 2487643
- Listing Views
Business Location
Listing ID: 2487643 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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