Texaco Gas Station With Car Wash In Winfield, AL

Business Overview:

Asking Zero Goodwill! Buyer only pays for inventory plus a $20,000 acquisition fee.

Rent is only $3,900 TOTAL per month, and the landlord pays property tax and property insurance. This is a recently rebranded Texaco with a car wash, sitting directly across from McDonald's and steps from the Winfield Walmart Supercenter on the busiest retail stretch of US Highway 43. The store is being run absentee and sales have slipped because of it. That is exactly why it is available for zero goodwill, and exactly why a hands-on owner-operator can walk in and turn it around.

Transaction Details

Zero goodwill! Buyer pays only inventory plus a $20,000 acquisition fee. That is the entire cost of entry for a branded, operating gas station with a car wash on Winfield's main commercial corridor.

The business transfers on a sublease with 9 years remaining. Rent is only $3,900 TOTAL per month! Landlord pays property tax and property insurance!

The store operates under a Rack+2 fuel supply agreement that runs concurrently with the lease. The location was recently branded, so the canopy, signage, and image are fresh.

Seller is willing to let you see the numbers for 2 weeks during your official due diligence period!

Key Financials

Inside sales averaged approximately $35,000 per month at a high inside gross profit margin of approximately 35% to 40%!

Fuel sales averaged approximately 15,000 gallons per month at very strong fuel margins of approximately 35 to 40 cents per gallon!

At those averages, the store was producing over $18,000 per month in combined gross profit, against rent of only $3,900 per month.

Vape sales alone previously reached approximately $20,000 per month! This category was a major inside sales driver and can be rebuilt by an engaged operator.

Current payroll is approximately $4,500 per month because the owner is not in the store. An owner-operator can eliminate most or all of this expense immediately and put it straight to the bottom line.

The sales figures above are based on the previous year. Current sales have declined due to absentee ownership and mismanagement. Seller's loss is the buyer's gain.

Store Information

Building is approximately 1,144 square feet on a 0.67 acre commercial lot with US Highway 43 frontage.

Car wash on site! Car wash income is one of the highest margin revenue streams a gas station can have, and it comes with this location.

Recently branded!

Great opportunity to rebuild vape sales and increase high-margin inside sales!

Opportunity to add a liquor store! Winfield is wet, and the only state ABC store in town is right next door at Walmart with limited hours and closed on Sundays. A package store or beer and wine expansion at this location captures that demand.

Huge opportunity for an owner-operator to improve inventory, merchandising, hours, and overall sales. Location is NOT properly managed! Sales have declined due to mismanagement, and the fix is a hands-on operator.

Location

Prime location directly across from McDonald's and next to the Winfield Walmart Supercenter on US Highway 43!

US Highway 43 is Winfield's primary retail corridor. Walmart Supercenter, McDonald's, Taco Bell, Sonic, Little Caesars, Dollar General, Dollar Tree, AutoZone, Anytime Fitness, the state ABC store, and Northwest Regional Health hospital are all on this same stretch of highway. More than 9,500 vehicles per day pass the Walmart outparcels on this corridor!

Approximately 1 mile from Northwest Regional Health, the regional hospital serving Marion County, which recently completed a $4 million renovation of its Intensive Care Unit and Emergency Department!

Approximately 4 miles from the Interstate-22 Winfield exit, where a brand new Pilot Travel Center opened, drawing interstate traffic into Winfield.

Winfield City Schools (Winfield Elementary, Middle, and High School) are minutes away, and the school system is converting the former Sitel call center into a new career technology center.

Approx. 25 min from Hamilton and Fayette, AL! 40 min from Jasper, AL! 1 hr from Tupelo, MS! 1 hr 10 min from Columbus, MS! 1 hr 15 min from Tuscaloosa, AL! Approximately 1 hr 15 min from Birmingham, AL via Interstate-22!

The Market

Winfield is the second largest city in Marion County and the retail hub for the surrounding rural area. The Walmart Supercenter next door pulls shoppers from Fayette, Marion, and Walker counties, and this store sits on the path in and out of that parking lot.

Winfield hosts Mule Day every September, one of the longest running festivals in Alabama, drawing crowds of 20,000 or more into a city of roughly 4,800 residents. 

Marion County's employer base includes Buccaneer Homes, NTN Bower, 3M, and Harden Manufacturing, with much of the county's commercial activity concentrated along the US 78 / Interstate-22 corridor connecting Memphis to Birmingham.

Population within 5 miles is approximately 5,400 and is forecast to grow. Population within 3 miles is approximately 4,700.

Why This Deal Stands Out

Zero goodwill! Only inventory plus a $20,000 acquisition fee! Rent is only $3,900 TOTAL per month! Landlord pays property tax and property insurance! Recently branded Texaco with a car wash! Directly across from McDonald's and next to Walmart Supercenter! Prior-year inside sales of $35,000 per month at 35% to 40% margin! 15,000 gallons per month at 35 to 40 cents per gallon! 

Vape sales previously reached $20,000 per month! $4,500 per month in payroll that an owner-operator can cut! Opportunity to add a liquor store in a wet city! Proven location. Absentee owner is the only reason it is underperforming.

Zero goodwill opportunities are rare. Seller's loss is the buyer's gain.

Buyer only needs to pay for inventory plus a $20,000 acquisition fee.

If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

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Reason for Selling:

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Additional Details:

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