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- RE: Gas Station With Property In Huntsville, AL
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $1,999,000 | |
Annual Revenue: | $1,020,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 994661 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Seller has a major portfolio purchase deal and is motivated to sell! Price for Business and Property has been reduced to $1,999,000 plus inventory! Property will be conveyed WITHOUT a Jobber Contract and WITHOUT a Brand Agreement!
Key Financials:
Store is currently leased. Lease agreement will be terminated at closing, and business will be transferred to the buyer.
Inside Sales are an average of $85,000 per month!
The current operator's gas prices are substantially higher than the competitors'. Average Outside Sales are currently 42,000 gallons per month at an average of 35 cents per gallon!
If the store competes in gas price then the fuel volume should easily increase from 42,000 gallons and reach 90,000 gallons per month considering this location has a 44,560 traffic count!
Even at the current 42,000 gallon volume, the Gas profit is nearly $15,000 per month! The current Gas profit ALONE will pay for your mortgage!
Seller collects $3,500 in additional rent from another tenant that also brings in more traffic!
No Jobber Contract and No Brand Contract!
Store Information:
Property is 1.12 acre lot!
Store is highly visible from the highway!
Geographic & Demographic Details:
Extremely High Traffic Count of 44,560 vehicles passing the store each day!
Corner Location!
The median household income is $82K providing a customer base with disposable income!
Population is increasing by 6% year-to-year!
Near many hotels including Hampton Inn, Hilton Garden Inn, and DoubleTree Suites by Hilton!
Close proximity to schools like Challenger Elementary School, Farley Elementary School, Weatherly Heights Elementary School, and Montessori School of Huntsville - South Huntsville Campus collectively serving over 1,500 students and faculty!
1 hour 30 min from Birmingham, AL! Less than 2 hours from Chattanooga, TN! 2 hours from Nashville, TN! 2 hours 20 min from Tuscaloosa, AL!
Asking Price for Business with Property: $1,999,000 plus inventory!
Buyer can sign a new Jobber Contract and receive substantial incentive money to cover a lot of their down payment!
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Alabama businesses for sale
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- Find a business broker
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