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Business For Sale

Large and Well Established Convenience Store

Mobile, AL

Food & Beverage: Conv & Food Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$199,000
$915,026
Not Disclosed
$66,185
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1972
6
147933635

Business Overview:

This is a large very well established convenience store with two pumps, a small restaurant and an area for clothing and gifts. The price does not include real estate. It is available for sale for $315,000. The real estate includes the store, which is approximately 5,500 sq. ft., the 1.58 acre store lot, and 4.42 acres of undeveloped land. The convenience store was established around 40 years ago and the current owners have been running it for seven years. It is on a highly traveled road with little competition. The store is open 7 days a week from 5:30 AM to 8:00 PM and the restaurant is open 7:00 AM to 7:00 PM. Buyer could greatly increase revenue by branding the store/gas, adding additional pumps, or expanding store hours. In addition, with the store being around 5,500 sq. ft. the buyer has room to add more inventory and/or additional products. Excellent books and records are available which will be disclosed after a confidentiality agreement and proof of financial capability are received. No information will be released prior to this. Convenience stores of this size with limited competition do not stay on the market for long! Call Jeremy Hovater today for more information at (251) 626-4949 or email at jch@sunbeltbroker.com.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: