High Volume Gas Station with Property in Indianola, MS!!

Indianola, MS (Sunflower County), ID 289668

High Volume Gas Station with Property in Indianola, MS!! 1
High Volume Gas Station with Property in Indianola, MS!! 1
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Owner
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Description

Inside Sales average over $100,000 per month. Deli sales account for approximately $43,000 of total inside sales, generating a high 50% margin.Seller currently does not offer Lottery, ATM, or an Air Machine, creating a significant opportunity to add these services and increase revenue.Outside fuel sales average 10,000 gallons per month with a 20 cents margin per gallon. Brand new gas pumps and POS system were installed this year. The buyer does not currently sell diesel, providing an opportunity to add diesel sales and increase fuel profits.No Jobber Contract currently in place. Buyer can secure a Jobber Contract and receive incentives from the Jobber. The Jobber can also assist with adding diesel services.Monthly Net Profit exceeds $22,000 after payroll of $10,500 and all other expenses. An Owner Operator has the opportunity to reduce payroll and increase take home income to more than $25,000 per month.Seller currently spends a maximum of 15 to 20 hours per week at the store. A buyer operating the business full time and adding Lottery and ATM services could increase take home income beyond $25,000 per month.Store Information:Fully renovated last year.Brand new Gilbarco pumps and a brand new Passport register.Store size is approximately 2,500 square feet. The building was constructed as recently as 1999.Geographic and Demographic Details:High daily traffic count of 19,512 vehicles per day providing strong customer visibility.Median household income is $43,000.Located along a major commercial corridor with excellent visibility.Nearby hotels include Quality Inn, Super 8 by Wyndham, and Hampton Inn.Nearby schools include Carver Elementary, Lockard Elementary, Gentry High School, and Thomas E. Edwards Sr. High School, collectively serving more than 2,000 students and faculty.Located 2 hours 20 minutes from Memphis, Tennessee, and 1 hour 30 minutes from Jackson, Mississippi.

Details

Real Estate: Lease

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