4151 Mercer University Dr 4,400 SF 100% Leased Retail Building Macon-Bibb, GA 31204 $3,421,000 CAD ($777.50 CAD/SF)

Liquor / Convenience Store for Sale — Business and Real Estate Offered Together.
The business reports annual gross sales of approximately $1,929,401 with net income
of approximately $429,000. The property consists of a 5,000 SF freestanding building,
constructed in 2001 per county records.
This business is already generating $1.9–$2.1 million in annual sales under absentee
ownership. A hands-
Inventory is excluded from the purchase price and is estimated at approximately
$500,000. The building is divided into two operating sections: one functioning as a liquor
store, and the other as a convenience store featuring COAM machines.
The business demonstrates consistent historical performance, including:
• Annual gross sales of approximately $1.9M–$2.1M
• 78,000–89,000 transactions per year
• Average ticket size of $24–$26
• Credit card sales of approximately $1.1M–$1.2M annually
The store is currently operated by absentee ownership, creating meaningful opportunity
for improvement.
On annual sales of approximately $1.9 million, a hands-on buyer can materially
increase profitability through operational efficiencies:
• 3% margin improvement = approximately $57,000 annually
• Payroll optimization = approximately $50,000–$80,000 annually
• Improved inventory control and shrink reduction = approximately
$20,000–$30,000 annually
Additional upside exists through active COAM management, including renegotiating
revenue splits, optimizing machine mix, improving placement, and increasing foot-traffic conversion. These initiatives can realistically generate an additional $30,000–$70,000 in annual net income without increasing sales volume.
With operational improvements, net income can reasonably be increased to
$280,000–$320,000, which materially enhances cash flow and positions the business
for a potential exit valuation exceeding $1.0 million above current levels.
Key investment highlights include absentee operation, proven sales volume, strong
credit-card penetratio.