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- RE: Convenience-Store With Property In Magee, MS!
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $159,000 | |
Annual Revenue: | $420,000 | |
Net Profit: | $44,592 | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | 1955 | |
Employees: | Not Disclosed | |
BBN Listing #: | 948528 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Inside Sales are currently over $37,000 per month on average!
Lottery Commission is $1,000 per month! ATM commission is $275 per month!
Net profit is over $4,000 per month AFTER paying $6,000 in Payroll and all other expenses! Huge opportunity for an owner-operator!
Seller has owned the property for nearly 6 years! Seller lives 4 hours away and cannot manage.
Population is increasing year-to-year!
50 min from Jackson, MS and Hattiesburg, MS!
Near to 4 schools with more than 1,300 students! Near Magee General Hospital.
Walking distance to multiple apartment complexes like East Side Manor Apartments, Azalea Apartments, Magee Apartments, Hillside Apartments, Raleigh Annex Apartments, and Park Place Apartments!
Multiple neighborhoods located directly behind the property!
Average traffic count of 5,400 vehicles passing by the store each day!
Asking Price for Business and Property: $159,000 plus inventory! Inventory is roughly $40k to $45k.
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
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Market Competition and Expansion:
Average traffic count of 5,400 vehicles passing by the store each day!
Reason for Selling:
Seller lives 4 hours away and cannot manageAdditional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Mississippi businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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