List Search

15 Rome Rd Sw
Cave Spring, GA 30124

$1,200,000 USD

Convenience Store For Sale  •  3,312 SF

Property Details

  • Property Type Convenience Store
  • Total Building Size 3,312 SF
  • Lot Size 0.55 AC
  • Building Class C
  • Year Built 1960
  • Tenancy Single
  • Zoning C1
20 Walk Score

Description

Key Financials:
Seller's Bottom Line Price for Business and Property has been significantly reduced to $1.2M plus inventory!  

EBT was just approved! There are 407 households within a 3-mile radius with a median household income of $31k! Inside Sales are going to increase tremendously! Price will increase once inside sales go up! 

Inside Sales are an average of $42,000 per month. Store includes full kitchen! Kitchen Sales generate an average of $5,000 per month at 45% margin!

Outside Sales are 15,000 gallons per month at over 30 cents average margin per gallon!

Lottery Commission is $2,100 per month! ATM Commission is $500 per month! Check Cashing commission is $560 per month!

Game machine commission is an average of $21,000 per month one-side with 4 and a half years remaining on the COAM contract!

Net Profit is over $25,000 per month AFTER paying $9,500 in Payroll and all other expenses! There is a MASSIVE opportunity for an Owner-Operator to take over and increase profits by lowering payroll and adding EBT!

Jobber contract is Rack+2 with less than 8 years remaining.

Inventory is currently low! Plenty of upside with stronger management!

Store Information:
Building area is 3,312 sq ft!

20-door walk-in cooler newly installed!

Upgraded Restaurant Hood and Kitchen included! Seller paid $65,000 for the upgrade!

Geographic & Demographic Details:

Local population is growing by 3% annually!

Median household income is nearly $66k!

Store benefits from over 1,000 visitors drawn to the nearby tourist attractions including the historic Trail of Tears.  

50 new homes are being built directly behind the store — huge growth potential! A mixed-use development featuring a multi-tenant commercial building and 172 luxury apartments.

20 min from Rome, GA! 1 hour 20 min from Marietta, GA! 1 hour 30 min from Chattanooga, TN and Atlanta, GA!

Seller's Bottom Line Price for Business and Property has been significantly reduced to $1.2M 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

Highlights

Inside Sales are an average of $42,000 per month. Store includes full kitchen! Kitchen Sales generate an average of $5,000 per month at 45% margin!
Net Profit is over $25,000 per month AFTER paying $9,500 in Payroll and all other expenses! There is a MASSIVE opportunity for an Owner-Operator to ta
Seller's Bottom Line Price for Business and Property has been significantly reduced to $1.2M plus inventory!

Amenities

  • Air Conditioning
Kavita Purohit 770-664-9999 River Brokers
Kavita Purohit 770-664-9999 River Brokers