Absentee-Owned Convenience-Store With Property In Augusta,GA
Augusta, GA Richmond County
Augusta, GA
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- RE: Absentee-Owned Convenience-Store With Property In Augusta,GA
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $799,000 | |
| Annual Revenue: | $480,000 | |
| Net Profit: | $233,760 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 981917 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Inside Sales are currently averaging $40,000 per month!
Lottery Commission is $3,600 per month! ATM commission is $1,000 per month! Game Machine Commission is $12,000 per month one-side!
Net profit is nearly $20,000 per month AFTER paying $5,500 in Payroll and all other expenses!
COAM Contract has 4 years remaining.
Absentee Owned! An Owner Operator can significantly reduce payroll and increase profits!
Located in a residential area, surrounded by thousands of single family homes and multifamily units providing a consistent customer base!
Directly across from a Mobile Home Park, and less than 600 ft from a Motel property with customer walk-ins!
Average traffic count of 24,000 vehicles passing by the store each day! Less than a half mile from I-520 with over 75,000 vehicles passing by daily!
Median Household Income is $55,000!
15 minutes from the South Carolina Border! South Carolina does not allow game machines, presenting an opportunity to draw in customers from across the border!
Near K-12 Schools like Glenn Hills Elementary School and Wheeless Road Elementary School, collectively serving over 1,000 students and faculty! Nearby Colleges include Miller-Motte College, Augusta Technical College, Augusta University - Summerville Campus, and Strayer University, Medical College of Georgia, collectively serving over 12,000 students and faculty!
Close proximity to restaurants like China City, JJ Wings and Seafood, Villa Europa Restaurant and Lounge, La Casa Latina, Oh! My Wings, CookOut, Veracruz Mexican Restaurant, Roadrunner Cafe, Sabor Latino Restaurant and Pupuseria, New Chan Express Chinese Restaurant.
Surrounded by apartment complexes like Mt. Zion Apartments, Pointe Grand - Augusta, McHenry Square Apartments, Brickhaven at Augusta, The Regency, High Point Crossing Apartments, MacArthur Park Apartments, Green Meadows, and Aspire Richmond Hill.
More housing units are coming to the area! A new affordable housing development will feature over 60 apartment-style units and a new mixed-use apartment complex nearby will feature over 150 units with commercial and greenspaces.
15 Minutes From Downtown Augusta! 1 Hour 20 Minutes from Columbia, SC! 2 Hours 30 Minutes from Atlanta, GA! 2 Hours 50 Minutes from Charleston, SC!
Asking Price for Business and Property: $799,000 plus inventory!
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Market Competition and Expansion:
Surrounded by apartment complexes like Mt. Zion Apartments, Pointe Grand - Augusta, McHenry Square Apartments, Brickhaven at Augusta, The Regency, High Point Crossing Apartments, MacArthur Park Apartments, Green Meadows, and Aspire Richmond Hill.
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Georgia businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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