Memphis, TN Gas Station with Property and Convenience Store

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Financial Details

Asking Price:
$1,750,000
Annual Revenue:
$1,020,000
Cash Flow / SDE:
$180,000
Profit Metric:
NOI
Valuation Multiple:
9.7x
Location:
Memphis, TN, US
Source:
Date:
September 15, 2025

Key Highlights

Prime Memphis location with new infrastructure including canopy, store, and 5 pumps.
Established convenience store with $85,000 monthly sales, complemented by high-speed diesel pumps catering to trucks.
Strong NOI of $180,000 on a $1,750,000 asking price, yielding a 10% cap rate, representing a solid investment opportunity.

Description

This is a prime opportunity to acquire a fully renovated gas station and convenience store located in Memphis, TN. The property features new infrastructure, including a canopy, a 1,500 sq ft convenience store, and five modern pumps. The convenience store has a proven track record of $85,000 in monthly sales. The station is equipped with two diesel compartments and three high-speed diesel MPDs, specifically designed for easy truck access with a dedicated roundabout for efficient entry and exit. The combined fuel sales (including diesel) are 75,000 gallons per month. The business generates a Net Operating Income (NOI) of $180,000. The asking price is $1,750,000, reflecting a 10% capitalization rate. This listing represents a turnkey investment for buyers looking for a profitable operation in Memphis.

Industry Information

Industry Description:
Gas Station, Truck Stop, Convenience Store
Classification:
Retail

Operational Snapshot

Reason for Selling:
Relocation

Real Estate & Lease

Status:
Owned

Listing Details

Listing ID:
94b966da-2808-4ac5-a87c-301ee6d5e3b5
Deal Status:
For Sale
Date Posted:
May 08, 2024
Last Updated:
September 15, 2025
Currency:
USD

Features & Tags

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