Dry Gas Station With Property In Hickory Flat

Description

Gas station and convenience store for sale with seller financing available. The operation combines inside store sales, fuel, lottery, ATM and air-machine commissions, along with a café that opened in March 2026.

Financing structure

• Buyer down payment: $500,000 plus inventory
• Seller-financed portion: $100,000 at 7% interest
• Seller note: three-year balloon
• Existing previous-seller note: $500,000 at 0% interest
• Existing note maturity: on or before February 1, 2029

The seller states that the existing $500,000 owner-financing note is transferable. Buyers should review the underlying note and obtain written confirmation that assumption or transfer is permitted.

The specific February 1, 2029 maturity date should control over any general description of the note as having a three-year balloon.

Inside sales

• Average inside sales: approximately $75,000 per month
• August 2025 inside sales: approximately $73,000
• August 2025 vape sales: approximately $13,500

Vape products represent a material portion of the stated store revenue and should be reviewed separately for margins, inventory requirements, age-verification procedures and applicable product restrictions.

Café

The café opened in March 2026 and is currently generating approximately $13,000 per month in sales according to the seller.

Because the café has a short operating history, buyers should review monthly sales and food-cost trends rather than annualizing the initial results without adjustment.

Fuel operation

• Average fuel volume: approximately 50,000 gallons per month
• Average stated fuel margin: approximately $0.15 per gallon
• Estimated gross fuel margin at stated volume: approximately $7,500 per month
• Jobber agreement: Rack + 1
• Approximately seven years remaining on the jobber contract

The complete jobber agreement should be reviewed for pricing methodology, branding requirements, volume commitments, equipment responsibilities, assignment provisions and termination terms.

Other income

• Lottery commission: approximately $1,000 per month
• ATM commission: approximately $250 per month
• Air-machine commission: approximately $150 per month

The location is a dry gas station. The seller states that county rules do not permit alcohol sales at the property.

Profit and owner involvement

• Reported net profit: approximately $22,000 per month
• Payroll included in stated expenses: approximately $6,000 per month
• Seller involvement: approximately 20–30 hours per week

Buyers should confirm the reported net income through tax returns, POS data, bank statements, fuel reports and detailed operating expenses.

Property

The building contains approximately 2,561 sq. ft. Buyers should confirm whether the underlying real estate is included in the transaction and review title, taxes, zoning and property condition if applicable.

Market

The seller reports that the surrounding population is growing at approximately 2% annually and that median household income is approximately $34,000. These demographic figures should be independently verified.

Reason for sale

The seller owns several businesses and recently had two children. The stated reason for selling is to reduce business commitments and spend more time with family.

Due diligence

Buyers should verify inside sales, café revenue, vape margins, fuel gallons and margins, lottery and commission income, payroll, net profit, inventory, equipment ownership and historical tax returns.

Particular attention should be given to the two financing notes, the February 1, 2029 balloon date, transfer approval for the existing 0% note, the jobber contract, fuel-system and underground-storage-tank compliance, environmental records, food-service permits, lottery authorization and tobacco or vape-product licensing and age-verification requirements.