Business And Property Business for sale in Tunica, MS
Inside Sales $70k Monthly! Absentee-Owned Gas Station with Property in Tunica, MS just 1 Hour from Memphis!
Offer Price
$1,500,000
Business and Property
About this property
Inside Sales $70k Monthly! Absentee-Owned Gas Station with Property in Tunica, MS just 1 Hour from Memphis!
Key Financials:
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.
Geographic & Demographic Details:
Excellent location with easy access to US-61, capturing steady local traffic as well as strong flow from the Tunica casino corridor!
Located near the Tunica casino corridor, one of the largest gaming destinations in the Mid-South, drawing consistent regional traffic from Memphis and surrounding markets. Positioned along US-61, a major route connecting Tunica to Memphis, the property benefits from steady local traffic as well as strong transient flow.
Median Household Income is over $48k.
Nearby schools, including Tunica Elementary School and Rosa Fort High School, collectively serve approximately 2,000 students and faculty.
Nearby hotels include Royal Inn & Suites Tunica and Days Inn by Wyndham Tunica Resorts, supporting local and regional traffic.
Limited restaurant availability for local customers! The only restaurants in the area include Subway, Waffle House, Church’s Chicken, and Blue & White Restaurant!
Less than an hour to Memphis, TN! Less than 40 min to Southaven, MS! 3 hours to Jackson, MS!
This is a rare opportunity to acquire both a cash-flowing business and the underlying real estate in a high-demand regional corridor with strong upside potential.
Asking Price for Business and Property has just reduced to $1.5M plus inventory!
Seller is also willing to lease the business for only $99,000 plus inventory with rent of $9,200 NNN under a 15-year lease agreement!
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
Property Details
Location
Business Details
Pricing Details
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.