Absentee-Owned Gas Station Business-Only in Summit - Business for Sale
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Absentee-Owned Gas Station in Summit, MS
Summit, MS, US
Added 6 months ago
Gas Station Business
7 years in business
Absentee / Semi-Absentee
Absentee-owned gas station in Summit, MS, operating with employee management, offering fuel, convenience store sales, lottery, and ATM commissions.
Key Information
Asking
$269K
Revenue
$780K
Earnings
$186K
Multiple
1.4x
Key Highlights
- Inside sales average $65,000 per month (increasing to $70,000 during summer months).
- Lottery commission averages $900 per month and ATM commission averages $400 per month.
- Business has been established for more than 7 years and has operated absentee for over 3 years.
- Lease has 8 years remaining at $3,000 per month, with no property insurance or property tax required.
- Store is equipped with 2 new pumps, new fiberglass line, new POS system, recently replaced AC unit, and walk-in cooler compressor.
Contact Info
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