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Efficiency Apartments and Manager's Suite in Butler, AL! Great Opportunity for Early Retirement!Seller is willing to Lease-Purchase the Property for $120,000 down payment! Avoid going to the bank! Key Financials:Yearly sales are currently $118,000! Net profit is $65,000 per year AFTER paying all other expenses including a Manager's Salary of $13,000 per year that occupies the Manager's Suite onsite.The out-of-town manager will leave upon the sale. Seller's manager can provide one week of training after closing.Perfect for an owner-operator to take home $78,000 per year! That is an extremely high 21.14% Cap Rate!20 rooms plus manager's suite included!New A/C UnitsNew 40” LED Flat Screen TVs!Spacious Living Quarters with 4 Bedrooms & Large Living Space for the ManagerAll 20 rooms are fully booked for two months each year when the Georgia Pacific plant shuts down for cleaning!Property includes one acre of land! The traffic count is 5,230 vehicles per day. Located just 20 minutes from a Georgia Pacific manufacturing plant employing 2,500 people, plus minutes from a major gas company and a power plant!Nearby restaurants like Hot Stuff Pizza, Kain's Tex-Mex, Burns & Burns, Bama Crawfish Co, Subway, and McDonald's!Close proximity to Butler Apartments, Linden Apartments, and surrounding rental properties serving Choctaw County!Nearby hotels like The Mason Downtown, Western Inn Butler, and The Mason!Close proximity to Choctaw County Elementary School, Choctaw County High School, Patrician Academy, and U Matter Academy collectively serve over 1,000 students and faculty!Only 45 minutes from Meridian, MS! 1 hr 30 min from Tuscaloosa, AL! 2 hrs from Jackson, MS! 2 hrs 20 min from Montgomery, AL and Birmingham, AL!Asking Price for the Business and Property is only $369,000! Pay less than the price of a house for a fully income-producing property!Seller is willing to Lease-Purchase the Property for $120,000 down payment!
Key Financials:The Car Dealership business model is as follows: Customers make a down payment equal to or greater than the cost for the vehicleThe Business then finances the remaining purchase price at 24.95% APRThe Business receives monthly loan payments for all of the vehicles that are sold; andThe Business's cost of the vehicle is effectively $0 because the customer covers the cost of the vehicle through the down payment.The Business has more than 100 loan accounts with each account collecting between $250 to $275 per month in car loan payments! Therefore, income from the car loans is more than $25,000 per month!All loaned cars are tracked with a built-in sensor! If the payment is even one day late, you are permitted by law to repossess the vehicle. Repo company has a high success rate in repossessing the vehicles!Seller has a Mechanic onsite to handle repairs! Minimal learning curve for the Buyer!Yearly Net Profit is approximately $177,000 which is AFTER paying $38,000 in Owner's Payroll and $45,000 in Employee Payroll, as well as all other expenses! Owner-Operator can take home over $215,000 per year! Store & Property Information: Closed Sundays! Favorable hours from 10 am to 6 pm each day! Seller is looking to semi-retire!Be Your Own Boss Today! Work only 8 hours a day for 6 days a week! Seller can provide 2 weeks of training after closing! Main building is 2,500 SF! Property is 0.45 Acres!Building includes a lobby and two separate offices as well as a separate Mechanic Shop for car work.Equipment includes 3 vehicle lifts! Seller also recently purchased a tire machine! Buyer can start selling tires and generate additional income! New HVAC was installed in 2024 and the building's electrical panel was replaced in 2019!Highly visible corner lot with two-way access to each road!Google Reviews are 4.4 Stars! Business is trusted by the local community!Geographic & Demographic Information:Property is located at a busy intersection that sees over 21,000 vehicles pass by daily!Over 125,000 residents within 5 miles of the store. Population is projected to grow by over 2% over the next 5 years! Median household income is $55K!Less than one mile from a 50 acre development featuring large scale grocers, shopping, several hotels, and a Top Golf!Less than one mile from I-20, and just over one mile from I-65 and the Mobile International Airport!Surrounded by mixed use developments, apartments, and single family homes! Over 3,000 households within 1 mile of the dealership!10 Minutes From Downtown Mobile! 1 Hour From Pensacola, FL! 2 Hours From New Orleans, LA! Asking Price for Business and Property: $649,000 plus inventory. Inventory is guesstimated to be around $100,000 at cost.
This thriving Cafe for Sale concept is serving up serious sales and profits! With over $1,000,000 in annual sales, this location delivers impressive owner earnings of over $200k — perfect for an owner-operator looking for steady returns and long-term stability. SBA lending is available with just 20% down over a ten-year term.Located in Central Baldwin County, this Cafe for Sale meets today's fast-paced customer demands. This location caters to a constant flow of loyal customers and out-of-towners traveling through, from lunch commuters to evening diners, and benefits from strong local support and repeat business year-round.A fantastic team is already in place, with employees managing operations seamlessly. The current owner is an owner-operator, giving you the opportunity to be as hands-on as you want to be. This setup at the Cafe for Sale presented by We Sell Restaurants, includes everything you need, with equipment fully ready for business and a smooth transition to new ownership.This Cafe for Sale location already has a well-established catering business, providing even more opportunity to grow profitability through corporate events, weddings, and private parties.Located in a high-traffic area with over 9,000 cars passing daily, this Cafe for Sale has built a loyal following over its 12 years in business. The location ensures limited competition in a large, growing county known for its music festivals, tourism, and strong food culture.The lease for this 2,600-square-foot location is $4,500 per month, a manageable cost with these impressive sales. The lease is at the buyer's advantage with the option of establishing a new lease. With what's offered by the current owner, you'll be set up for success from day one. Bring your offers on this established Cafe for Sale today!By providing your phone number to We Sell Restaurants, you are agreeing to receive text notifications.
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