Truck Stop Gas Station with 8.45 Acres Property near Chattanooga, TN

Asking Price$3,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,080,000

InventoryNot Disclosed

FF&ENot Disclosed

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Truck Stop Gas Station with 8.45 Acres Property near Chattanooga, TN


Asking Price$3,300,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$1,080,000

InventoryNot Disclosed

FF&ENot Disclosed

Business Description
Buyer may receive a COAM waiver for the right price!
Seller is willing to do a lease-purchase for the Property for only $399k plus inventory! The monthly payment will be $12,850 NNN per month with a payoff of the remaining balance within 3 years. Amazing opportunity to avoid upfront bank fees!


Inside Sales are currently averaging $90,000 per month!


Outside Sales are currently 25,600 gallons per month averaging 15 cents per gallon for regular gas and 20 cents per gallon for diesel! Gas Profit is $4,000 per month!


Jobber Contract is Rack+1 with JAT Oil. Seller receives a 2-cent rebate!


Lottery Commission is $2,500 per month! ATM commission is $500 per month!


Game machine commission is an average of $16,000 per month one-side! Buyer will receive a 5-year COAM contract. Buyer may receive a COAM waiver for the right price!


Truck Parking rental income is $4,500 per month!


Net Profit is over $27,000 per month AFTER paying $11,500 in Payroll and all other expenses! Huge opportunity for an Owner-Operator to take home nearly $40,000 per month!


JUST the Real Estate appraised for $3,050,000 in September of last year! That $3,050,000 does not include the business value!


Property & Development Potential:


Separate Kitchen with Vent-a-Hood in the Building! Huge opportunity to expand the kitchen and provide more options!


Building is 4,000 sq ft!


Property is huge at 8.45 acres! Opportunity to develop the remaining land!


Prime highway frontage and excellent visibility with heavy trucker and traveler traffic!


Additional land can be used to develop a Hotel/Motel, RV Park, Mechanic Shop, Storage Units, or Franchise QSRs!


Geographic & Demographic Details:


Local population growth is 3% per year and median household income is over $87k!


Nearby restaurants are Subway, LemonGrass Thai, Cracker Barrel, Logan's Roadhouse and Blackstone Grille!


Located at the Georgia-Tennessee border on the Georgia-side! Tennessee customers visit to play game machines!

Located only 15 min from Chattanooga, TN! Less than 2 hours from Atlanta, GA!

Asking Price for Business and Property is only $3.3M plus inventory!

Seller is willing to do a lease-purchase for the Property for only $399k plus inventory! The monthly payment will be $12,850 NNN per month with a payoff of the remaining balance within 3 years. Amazing opportunity to avoid upfront bank fees!
About the Business
Facilities & Assets
Separate Kitchen with Vent-a-Hood in the Building! Huge opportunity to expand the kitchen and provide more options!
Website
https://riverbrokers.com/
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
4,000
Rent
$12,850.00 per month
Listing Info
ID
2466375
Listing Views
27
Business Location

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Business Listed by: Rutvik Emil Dmello River Brokers

Listing ID: 2466375 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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