Gas Station With Property In Huntsville, AL
Huntsville, AL Madison County
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- RE: Gas Station With Property In Huntsville, AL
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $1,400,000 | |
| 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 #: | 1009726 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Key Financials:
Store is currently leased. Lease agreement will be terminated at closing, and business will be transferred to the buyer.
Inside Sales were an average of $85,000 per month! The tenant recently learned that the store is for sale and decided to keep inventory at a minimum around $15,000 at cost inside.
Outside Sales were over 65,000 gallons per month! Sales have decreased in recent months after the tenant reduced the inventory.
Jobber Contract will be Rack+1 with a 20-year agreement with the Seller's affilitated jobbership. There is currently 4 years remaining on the existing brand agreement. Jobber will pass on all brand incenctives of the new brand to the Buyer!
Seller collects $3,500 in additional rent from another tenant that also brings in more traffic.
Store Information:
Store is nearly 1,500 SF on a 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!Â
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 Vip Inn & Suites, 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!
Seller's Bottom Line for Business with Property is $1,400,000 plus inventory!
Contact the Seller:
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Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- 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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