Business And Property Business for sale in Cordele, GA
COAM Waiver and $12,300/Month Game Machine Commission, Gas Station Property in Cordele, GA!
Offer Price
$399,000
Business and Property
About this property
COAM Waiver and $12,300/Month Game Machine Commission, Gas Station Property in Cordele, GA!
THE COAM OPPORTUNITY:
Seller will obtain a COAM waiver for the property! The Buyer will NOT be locked into the existing COAM agreement!Game machine commission is an average of $12,300 per month ONE-SIDE! That is over $147,000 per year to the location!
With the waiver in hand, the Buyer is free to shop this location to competing master licensees and sign a brand new COAM contract! Very few COAM locations in Georgia ever come to market unencumbered at this volume!
KEY FINANCIALS:
Asking Price for Business AND Property AND One-Bedroom Apartment is only $399,000 plus inventory, WITH the COAM waiver!
Inside Sales average over $28,500 per month!
Lottery Commission is $1,200 per month! ATM Commission is $400 per month!
Net Profit is nearly $11,000 per month AFTER paying $7,500 in payroll and ALL other expenses! That is over $131,000 per year!
An Owner-Operator who works the store can take home over $18,400 per month, more than $220,000 per year!
At $399,000 for the business AND the real estate, as well as a one-bedroom apartment, the Buyer is paying less than 2 times what an Owner-Operator can earn in a single year!
Property taxes are only about $1,076 per year!
HUGE FUEL UPSIDE:
The store does NOT currently sell gas! The existing pumps are old and will need to be replaced before fuel sales can resume!
NO JOBBER CONTRACT IN PLACE! The Buyer has full control over the fuel supplier, the terms, and the brand!
It is estimated to cost approximately $380,000 to restart the fuel. Some jobbers have indicated they may be able to install new tanks for approximately $280,000! Buyer only needs to spend $100k out-of-pocket to start the fuel!
Because there is no supply agreement in place, the Buyer can put this location out to competing jobbers and negotiate supply terms and equipment support from scratch! Every gallon added is incremental profit on top of an already profitable inside operation!
STORE AND PROPERTY INFORMATION:
An apartment is attached to the convenience store! The apartment includes 1 bedroom, a kitchen, and a bathroom! An employee currently lives in the apartment! An Owner-Operator can live on site rent free or lease it out for additional income!
Building area is 4,329 SF! Two buildings on site, providing flexibility for a variety of business or investment opportunities!
Store is open 24 hours a day, 7 days a week.
The store features bulletproof glass!
Excellent corner location at a busy intersection with strong visibility and easy in and out access!
Great opportunity to continue running the convenience store and COAM business while adding fuel, a hot deli, or expanded food service to drive high-margin sales!
LOCATION AND COMPETITION:
Located directly on Cordele’s main east-west commercial corridor, with direct access to I-75!
US-280 is a state-designated GRIP corridor known as “Power Alley,” the primary route connecting Columbus and Americus to I-75 at Cordele!
The store sits on the direct path between I-75 and Georgia Veterans State Park, just 9 miles west! The park draws year-round traffic to 8,600-acre Lake Blackshear, an 18-hole golf course, a marina and swimming beach, more than 75 campsites, the Lake Blackshear Resort with 78 lodge rooms and 10 cottages, and the SAM Shortline Excursion Train running from Cordele to Plains! Lake and park traffic heading west out of the interstate moves right past this corridor!
This store does an average of $28,500 per month in inside sales without selling a single gallon of gas , at a corner where the competing stores all pump fuel! These are destination customers coming for the game machines, the tobacco, the beer, and 24-hour access, not drive-by fuel traffic! That customer base is already loyal and already spending!
GEOGRAPHIC AND DEMOGRAPHIC DETAILS:
Population is 4,233 within 1 mile and over 12,400 within 3 miles!
Median household income is $41K!
MAJOR JOB GROWTH : Yancey Engineered Solutions announced a $5.7 million manufacturing facility in Cordele in June 2026 that will create 300 NEW JOBS, hiring welders, quality control technicians, assembly workers, and drivers at the former Big Tex plant on South Midway Road!
Advanced Drainage Systems completed a $30 million expansion of its Cordele recycling facility, growing the plant to 117,000 SF and adding 50 jobs!
Crisp County commissioners approved the rezoning of 583 acres for a new data center campus, with a planned build-out of six buildings and roughly 2 million square feet!
Cordele is home to the Cordele Inland Port, a rail gateway offering direct container service to the Ports of Savannah and Brunswick, sitting on 40 acres in the Crisp County Industrial Park with room to expand!
STRONG RESIDENTIAL GROWTH : Gillespie Gardens, a $16 million, 53-unit housing development, opened just ONE BLOCK from the store! Another 24-unit residential development is nearby, and a 120-unit apartment rezoning is currently before the City Commission!
Major employers and traffic generators include Crisp Regional Hospital, Crisp Regional Urgent Care, the Crisp County School District, and a satellite campus of South Georgia Technical College!
Restaurants nearby include Mama Dim Soul Food just two blocks away, Mr. Taco Loco, RailHouse Tavern, BJ’s Diner, El Girasol, 16 East Bar and Grill, Surcheros, and Chick-fil-A!
Hotels nearby include Hampton Inn & Suites, Best Western Colonial Inn, Holiday Inn Express & Suites, Quality Inn, and Comfort Inn & Suites!
Only about 45 minutes from Albany, GA! 1 hour from Macon, GA! 2 hours from Columbus, GA! 2 hours 20 minutes from Atlanta, GA and Tallahassee, FL!
Asking Price for Business and Property and One-Bedroom Apartment is $399,000 plus inventory, with COAM waiver!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
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Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.