Business And Property Business for sale in Tupelo, MS
High Volume Gas Station with Property in Tupelo, MS!
Offer Price
$749,000
Business and Property
About this property
High Volume Gas Station with Property in Tupelo, MS!
Key Financials:
Inside Sales average approximately $78,000 per month with strong margins!
Outside Fuel Sales are over 18,000 gallons per month, providing steady and consistent fuel traffic!
High inside sales volume supported by an established customer base and repeat business.
Strong, stable revenue streams with opportunity to further increase profitability.
The store is currently operated by a tenant. An Owner-Operator can reduce expenses and significantly increase take-home income.
Jobber Contract will be Rack+1 with a new 20-year agreement executed at Closing. Once the existing brand agreement expires, then the Jobber will pass on all benefits of the new brand to the Buyer!
Geographic & Demographic Information:
Highly visible location with strong frontage and easy access in Tupelo, one of North Mississippi’s fastest-growing commercial hubs!
Property is 1.39 Acres! Building is 2,279 sq ft!
Well-established convenience store with a loyal customer base and steady daily traffic.
Local population is growing by 2.2% annually! Median household income is $53k!
Average traffic count of 11,099 vehicles passing by the station each day!
Located near North Mississippi Medical Center, one of the largest hospitals in the region! North Mississippi Medical Center is one of the strongest traffic generators in the region. It is a 640-bed regional center and is described by North Mississippi Health Services as the largest private, not-for-profit hospital in Mississippi and the largest non-metropolitan hospital in America, serving more than 730,000 people across 24 counties in north Mississippi, northwest Alabama, and portions of Tennessee.
Close proximity to The Mall at Barnes Crossing, a major retail hub attracting heavy daily consumer activity! The Mall draws 12 million shoppers annually!
Nearby Elvis Presley’s birthplace, a major tourist attraction bringing more than 100,000 visitors year-round!
Nearby schools include Tupelo High School, Milam Elementary School, Pierce Street Elementary School, Carver Elementary School, and Lawndale Elementary School, collectively serving 4,000+ students and faculty!
Itawamba Community College Tupelo Campus is only 10 minutes away, and the Itawamba Community College system serves over 5,000 students and staff in the area.
Close proximity to restaurants like Romie’s Grocery, Mugshots Grill & Bar, Harvey’s, Bulldog Burger Company, China Capital, Taco Bell, McDonald’s, and KFC!
Near apartment complexes like Park Place Apartments, The Grove Apartments, Stone Creek Apartments, West Jackson Street Apartments, and Greenwood Apartments!
The station is near a wide range of businesses and consumer destinations, including Walmart Supercenter, Lee County Courthouse, local restaurants, apartment communities, schools, and regional shopping areas.
The station is also within reasonable regional reach of multiple North Mississippi markets, including approximately 25 minutes to Pontotoc, 40 minutes to New Albany, 50 minutes to Oxford, 1 hour 50 minutes to Memphis, and 2 hours to Birmingham, giving the asset broader regional appeal for operators looking to expand in North Mississippi.
Asking Price for the Business and Property is $749,000 plus inventory!
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.