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Absentee-Owned Convenience Store with Property for sale in Waycross, GA

Waycross, Georgia (GA)

Asking Price: Gross: Cash Flow:
$ 349,000 $ 276,000 $ 137,000

Furniture and Fixtures Value:
(included in the asking price)

Real Estate:
(included in the asking price)

Business Summary:
Absentee-Owned Convenience Store Property without gas in Waycross, GA!

Store is closed on Sundays! The business is only open from 9 am to 8 pm Monday through Saturday, only 11 hours a day!

Inside sales are currently $23,000 at 33% margin. Lottery commission is $1,300 per month! COAM is $6,500 one-side! ATM is $250 per month. COAM Contract has 4 years left.

The store is only 1 hour and 30 mins drive from Jacksonville, Florida. It is a prime exit location off of Highway 84.

Waycross brings in large volumes of tourism traffic due to the Okefenokee State Park. Waycross also has the Okefenokee Heritage Park which highlights several annual events that brings in 1,800 people per event. Laurel Walker State Park has its annual tree planting ceremony that bring in visitors from all over the area.

There is a Coca Cola manufacturing plant across the highway from the store. There is a railroad crossing on one side of the road and residential houses on the other.

The closest competition, Cross Way is 2 miles away.

Asking Price for Business and Property: $349,000 + inventory! Seller is willing to enter into a lease-purchase agreement for the right buyer!

Seller also owns an investment property collecting rent down the street if you are interested in that property as well. He is asking $349,000 for that property. That property generates a rental income of $31,800 yearly, which is a 9.1% cap rate!

If interested, please email [email protected] with your full name and best contact number to reach you.

 

   
Facilities / Terms of Lease: The store is only 1 hour and 30 mins drive from Jacksonville, Florida. It is a prime exit location off of Highway 84.

Waycross brings in large volumes of tourism traffic due to the Okefenokee State Park. Waycross also has the Okefenokee Heritage Park which highlights several annual events that brings in 1,800 people per event. Laurel Walker State Park has its annual tree planting ceremony that bring in visitors from all over the area.

There is a Coca Cola manufacturing plant across the highway from the store. There is a railroad crossing on one side of the road and residential houses on the other.
 
   
Competition: The closest competition, Cross Way is 2 miles away.  
   
Owner willing to train: Seller is willing to provide training!  
   
Seller Reference Number: Waycross349k
BusinessMart.com Listing Number: 240065
 

 

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For more info contact:

Kavita Purohit

River Brokers
7706649999

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