High Volume Liquor Store & Rented Gas Station in Jackson, MS!

Jackson, MS
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Asking Price:$2,799,000
Gross Revenue:$2,042,628
Cash Flow:$626,004
Real Estate:$2,799,000
BUSINESS DESCRIPTION

Liquor Store Net Sales are $170,000 per month! Yearly net sales for 2023 was $2,042,063! December 2023 Sales were $193,000! Buyer can take advantage of the Holiday season sales!

Seller has leased the gas station for $5,000 rent per month! Rent will increase to $5,500 per month in one year! There are less than 2 and a half years remaining on the lease!

Buyer can choose to renew the lease with the existing tenant or lease to a different tenant or even just take over the gas station! The current tenant is not running the business properly and has negative reviews online. The gas station used to generate $150,000 in monthly inside sales. Since the tenant took over in March 2021, the inside sales are roughly $70,000 per month now.

No Jobber Contract on the Gas Station! Buyer can negotiate with any jobber to upgrade the pumps!

ATM commission is $400 per month!

Net profit is over $52,000 per month from the liquor store profit and gas station rent AFTER paying $7,500 in liquor store payroll and all other expenses! Huge opportunity for an Owner-Operator to take home nearly $60,000 per month!

Liquor store is closed on Sundays as required by law! Store is only open for 10 hours per day, 6 days a week! Owner-Operator does not need to work long hours in the business!

An additional huge 5,000 sq ft storage room building located behind the gas station is also included! Liquor Store building is 3,500 sq ft! The Gas Station building without the storage room building is 3,874 sq ft!

Located in Jackson, MS with a population of almost 600,000! 1 hour 30 minutes from Winona, MS! 1 hour 25 minutes from Meridian, MS! 1 hour 40 minutes from Hattiesburg, MS! 2 hours 30 minutes from Baton Rouge, LA!

Near to colleges and schools like Jackson State University with over 4,900 students, Mississippi Law College, Hinds Community College - Nursing Allied Health Center, Key Elementary School with over 199 students, Peeples Middle School with over 290 students, Reimagine Prep Middle School with over 514 students, Lester Elementary School with over 180 students.

Close proximity to restaurants like No 1 China Buffet, Vittles Restaurant & Salads, Burger King, Sonic Drive-In, and Rally's.

Near to apartment complexes like The Palms at Jackson, McDowell Enclave Apartments, Southpointe Apartments, Apple Manor, Terrace Pointe, Hickman Heights, and Blossom Apartments.

Close proximity to a multi-phase project with 22 new one- and two-story duplex housing units!

Near a housing development that will include 13 single-family homes, six townhomes, and two four-plex units and a Mixed-Use Development consisting of a 300-room, 16-story, full-service convention hotel and an 825-car parking garage. There is another development nearby for a 120-room extended stay hotel, 200-unit residential apartments, and a 50,000 square foot office building!

Close proximity to local hotspots like the Mynelle Gardens Arboretum & Botanical Center, Jackson Zoo, Smith Robertson Museum, Mississippi Museum of Art, the Russell C. Davis Planetarium, and the Jackson Volcano.

High traffic count of 13,073 vehicles passing by the station and liquor store each day!

Asking Price for Liquor Store Business and Property as well as the Gas Station Property: $2,799,000 plus inventory!

We also have two shutdown gas stations with property and another liquor store business-only in the Jackson, MS area. Put multiple properties under contract!


DETAILED INFORMATION
Location
Jackson, MS
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
12,374
Facilities
An additional huge 5,000 sq ft storage room building located behind the gas station is also included! Liquor Store building is 3,500 sq ft! The Gas Station building without the storage room building is 3,874 sq ft!
Competition
High traffic count of 13,073 vehicles passing by the station and liquor store each day!
Growth & Expansion
ATM commission is $400 per month! Huge opportunity for an Owner-Operator to take home nearly $60,000 per month!
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Kavita
Purohit
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Kavita Purohit