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Alabama Business For Sale

 

CONVENIENCE STORE, W/REAL ESTATE INCLUDED


Attn: Lanier Chew
Baldwin County, AL, USA
Listing Number: "1360-LC"
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Asking Price: $795,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores
Reason for Selling: Cutting Back.
Year Established: 1975
# of Employees: 6 Full Time
Yearly Revenues: $1,703,318
Yearly Cash Flow: $109,250



Business for Sale Overview:
Established Convenience Store located on the corner of two busy highways in Baldwin County. Major residential developments going in all around this location. 2-MPD pumps with a total of four hoses. Room to expand with an additional island on one side. The store is large with about 1,000 Sq. Ft. of un-used area that could be additional grocery space or rented out for additional income. They have a small deli that does about $5,500 a month in pizza sales. One 4,000 gallon tank and 2-2,000 gallon tanks. Inside sales are 48.8% of the total sales. Inside sales are 46.5% of the total with a 24.6% profit. Rebates are not included in the financials, which will add another $20,000 to $25,000 in net income. Sales and net income for 2007 are running considerably ahead of 2006. Growing business in an area of rising real estate values. Inventory is not included in the purchase price. Real estate is included in the purchase price.

Property Features and Assets:
2,584 sq. ft. building; included in sale price.



Additional Details:
  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise opportunity.
  • This is not a distressed business or bankruptcy situation.

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