Asking Only $159k WITH Property! C-Store with Property in Magee, MS!

Magee, MS
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Asking Price:$159,000
Gross Revenue:$420,000
EBITDA:$4,000
Established Year:1955
Cash Flow:$44,592
Inventory:$40,000
Real Estate:$159,000
BUSINESS DESCRIPTION

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.


DETAILED INFORMATION
Location
Magee, MS
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,680
Competition
Average traffic count of 5,400 vehicles passing by the store each day!
Growth & Expansion
Lottery Commission is $1,000 per month! ATM commission is $275 per month!
Reason for Selling
Seller lives 4 hours away and cannot manage.
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Kavita
Purohit
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Kavita Purohit