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- RE: Absentee-Owned Gas Station With Property
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $2,290,000 | |
Annual Revenue: | $816,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $312,000 | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 997840 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Seller is 100% Absentee and completely relies on local employees to run the store. Employees are NOT aware that the store is for sale. Please do NOT speak to the employees! Seller will not do a deal with you if you speak to employees!
Inside Sales are an average of $68,000 per month!
Outside Sales are an average of 30,000 gallons per month with a margin of 25 cents per gallon!
High Margin Store! Deli sales are $35,000 per month at 50% margin! The remaining inside sales are at 35% margin!
Property also includes 60 Storage Units with 70% leased! Current income from the storage units is $5,000 per month.
Net profit is over $26,000 per month AFTER paying $8,000 in Payroll and all other expenses! Owner Operator can take home over $30,000 per month!
Jobber contract is Rack +1 with only 3 years remaining!
Property includes a separate shutdown building that the Buyer can reopen into a Vape Store! Store used to be a laundromat and contains some old laundromat equipment.
Property Information:
Building area is nearly 2,500 sq ft!
Store has brand new diesel tanks! This is the only station in town selling diesel fuel, both off-road and on-road, and is located less than half a mile from the Alabama Hydro Power Plant.
The hydro plant employees eat at the store every day during the weekdays because of the limited hot food options!
One of the storage units has been converted into a manager's studio apartment with a bathroom and shower!
Minimal competition in the area for hot food! Gas Station provides catering!
Reviews are 4+ stars on Google!
Geographic & Demographic Details:
Population is increasing by 5.4%!
Median Household Income is high at $76,000 with disposable income!
Less than 1 hour from Birmingham, AL! 1 hour from Montgomery, AL! 1 hour 20 min from Tuscaloosa, AL! 2 hour from Columbus, GA!
Asking Price for Business and Property: $2.29M plus inventory!
Contact the Seller:
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button (above Quick Facts) and when you are done searching and have made all your selections, simply click on the REQUEST FREE INFO button at the bottom of this page.
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
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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