Price Reduced! Absentee-Owned Convenience Store in Macon, GA!

Bibb County, GA
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Asking Price:$499,000
Gross Revenue:$132,000
Cash Flow:$56,892
Real Estate:$499,000
BUSINESS DESCRIPTION

Business is being mismanaged with less operational hours. Huge opportunity for an owner operator to extend business hours and take home more profits!

Inside sales currently averaging over $11,000 per month.

Game machine commission is $7,000 per month one-side! COAM Contract has 7 years remaining.

ATM commission is $125 per month!

Net profit is over $4,700 per month AFTER paying $4,000 in Payroll and all other expenses! HUGE Opportunity for an Owner-Operator!

Store does not currently generate Deli, Beer, and Lottery sales, so there is a huge opportunity to generate additional revenue by adding these services!

High visibility corner lot with traffic count of 28,950 vehicles passing by the store each day!

1/4 acre lot included in sale! Building is 3,200 sq ft!

Two-way access from busy main road and ancillary road!

Store with fully equipped walk-in cooler and beer cave! Roof, parking lot, and A/C are all newly updated! Seller added a new cooler unit this year!

Local population is increasing by over 1% per year with a median household income of $59k!.

Less than 2 miles from Middle Georgia Regional Airport!

Nearby schools include Central Georgia Technical College, John H Heard Elementary School and James H Porter Elementary School collectively serving over 1,000 students and faculty!

Close proximity to several apartment complexes, including Place Apartments, Mill Creek Run, and Colonial Terrace Apartments!

A new 23 acre apartment development of 288 units is nearby as well as a mixed-use project in downtown Macon with 100 apartments, retail shops, a restaurant, and a parking garage!

Located in an industrial area with large growth potential!

15 minutes from Macon, GA! 1 hour 30 minutes from Albany and Atlanta, GA! 1 hour 45 minutes from Columbus, GA!

Asking Price for Business and Property: $499,000 plus inventory!


DETAILED INFORMATION
Location
Bibb County, GA
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,200
Facilities
Building is 3,200 sq ft!
Competition
High visibility corner lot with traffic count of 28,950 vehicles passing by the store each day!
Growth & Expansion
ATM commission is $125 per month!
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Rutvik Emil
Dmello
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Rutvik Emil Dmello