1364 Edwards Ave - Service Station FOR SALE


Tunica, MS 38676- Robinsonville-Tunica
$1,500,000 USD
770-664-9999
1364 Edwards Ave, Tunica, MS for Sale
$1,500,000 USD
Service Station - FOR SALE
1/5
null | 11.2% Cap Rate

NEW


1364 Edwards Ave
Tunica, MS 38676
Robinsonville-Tunica


HIGHLIGHTS

  • Asking Price has just reduced to $1,500,000 plus inventory!
  • Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months!
  • An Owner-Operator can take home more than $20,000 per month and further increase sales!

OVERVIEW

Asking Price has just reduced to $1,500,000 plus inventory! Inside Sales average approximately $70,000 per month at 35% margin! Deli sales are about $15,000 of the Inside Sales! High Margin! Summer Sales will generate $90,000 per month inside! Take advantage of the Summer months! Store includes a fully equipped kitchen with vent-a-hood, grill, and salad bar! ATM and Air Machine together generate $1,000 per month! Outside Sales are 32,000 gallons per month at 18 cents margin per gallon! Average Gas Profit is over $5,700 per month! Jobber contract is 50/50 commission split with 16 years remaining. Seller pays ZERO in Credit card fees! All Credit Card Fees are paid by the Jobber! All maintenance and repairs to the fuel equipment are handled by the Jobber! Average Net Profit is over $14,000 per month AFTER all expenses including $12,000 payroll for an ABSENTEE Owner! Seller only visits the store once a week! Cap Rate is 10%! An Owner-Operator can take home more than $20,000 per month and further increase sales! Manager is currently paid $15 per hour. Buyer can decide to retain the manager and run it absentee or run it themselves! Seller is selling because he plans to move back to his home country. Store & Property Information: Seller does NOT currently have lottery! Huge opportunity for a buyer to add Lottery and immediately increase profit and traffic! Building area is 3,120 sq ft! Real Estate Included! No Landlord, No Rent Escalations, Long-Term Asset Appreciation! Take advantage of 100% Bonus Depreciation while it lasts! The business has an established local customer base and maintains a 4+ star rating on Google, supporting consistent repeat traffic.

FOR SALE DETAILS

PRICE

$1,500,000 USD

PRICE/SF

$1,481 USD /SF

CAP RATE

11.2%

% LEASED

-

TENANCY

Multiple

SALE TYPE

Investment Or Owner User

BUILDING DETAILS

PROPERTY NAME

Gas Station with Property in Tunica, MS

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Service Station

TOTAL BUILDING SIZE

-

STORIES

1

YEAR BUILT

1927

SPRINKLERS

-

PARKING SPACES

5

LAND DETAILS

CROSS STREETS

River Rd.

LAND ACRES

0.27 AC

LAND SF

11,796 SF

ZONING

-

APN/PARCEL ID

4119320400014600

ASK ABOUT THIS PROPERTY

Kavita PurohitRiver BrokersMore Info
770-664-9999

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Kavita PurohitRiver BrokersMore Info
770-664-9999

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.