Absentee-Owned Gas Station with Property in Tunica, MS - Business for Sale
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Absentee-Owned Gas Station with Property in Tunica, MS
Tunica, MS, US
Added 22 days ago
Automotive & Boat, Food & Beverage, Retail Stores
RemoteAbsentee / Semi-Absentee
Gas station with convenience store, deli, and real estate located in Tunica, MS, operating on an absentee-owner model and positioned near the Tunica casino corridor.
Key Information
Asking
$1.7M
Revenue
$840K
Earnings
$168K
Multiple
10.1x
Key Highlights
- Deli sales are $15,000 per month included in inside sales
- ATM and air machine generate $1,000 per month
- Jobber contract is a 50/50 commission split with 16 years remaining
- All credit card fees and fuel equipment maintenance are paid by the jobber
- Absentee owner; seller visits store once per week
- Manager is paid $15 per hour; $12,000 monthly payroll
- Real estate is included; building area is 3,120 sq ft
- No lottery currently offered
- Cap rate is 10%
Contact Info
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