Gas Station With Property In Spencer, TN
Spencer, TN Van Buren County
Spencer, TN
Asking Price:
$399,000
Annual Revenue:
$432,000
Request More Information Contact the Seller
- RE: Gas Station With Property In Spencer, TN
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $399,000 | |
| Annual Revenue: | $432,000 | |
| Net Profit: | $180 | |
| 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 #: | 37133274 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Asking only $399,000 plus inventory for the Gas Station Property in Spencer, TN only 1 hour from Chattanooga!Property is located right next to a Motel! Seller is willing to also sell the Motel with the Gas Station for $999,000 plus inventory!
Gas Station Monthly Net Profit is about $15,000 per month after paying $5,000 in monthly payroll and all other expenses!
Gas Station Inside Sales are $36,000 per month at exceptionally high margins because there is ZERO competition! Seller generates 50% margin in deli sales of more than $7,000 per month! And 40% margin on selling more than $11,000 per month in miscellaneous items such as firewood and ice!
Gas profit of $10,000 per month! Outside sales are 20,000 gallons per month at 50 cents margin per gallon! The closest gas stations are 11 minutes and 18 minutes away! No jobber contract!
The entire property including the gas station and motel is 2.65 acres. The property will need to be subdivided if you purchase only the gas station.
1 hour from Chattanooga! Less than 2 hours from Nashville, TN! 10 mins from Fall Creek Falls State Park, one of the largest and most visited state parks in the entire State of Tennessee!
Asking Price for the Gas Station only with Property: $399,000 plus inventory! Inventory is approximately $60,000 at cost.
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Property Features and Assets:
The entire property including the gas station and motel is 2.65 acres. The property will need to be subdivided if you purchase only the gas station.Market Competition and Expansion:
1 hour from Chattanooga! Less than 2 hours from Nashville, TN! 10 mins from Fall Creek Falls State Park, one of the largest and most visited state parks in the entire State of Tennessee!Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Tennessee businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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