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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!
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!Apartment Complex currently charges $199 weekly and Average Daily Rate is $65!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!Recent improvements include freshly painted floors and exterior, along with approximately $50,000 invested in quality upgrades throughout the property. 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!
Strong seasonal and year-round demand from boaters and recreational users!A cornerstone of Alabama’s boating community, earning a reputation for quality service, integrity, and deep industry knowledge, this business once thrived not only as a premier service and repair center but also as a respected new boat dealership, generating revenues in excess of $5 million annually. Strategically located near several notable recreational lakes and a major river this business is ideally positioned for growth!In recent years, circumstances beyond the owners' control altered the trajectory of the company and limited their ability to continue offering new boat sales. Rather than close the doors, they chose to refocus operations on service, repairs, parts, and used boats, preserving the business’s legacy and continuing to serve its loyal customer base.Today, the company stands on a strong foundation of over 40 years of goodwill, repeat customers, and a reputation for honest, dependable work. With its highly visible location, and loyal customer following, the Broker firmly believes that a new owner/operator could restore new boat sales to the business model, tapping back into its historic market presence and maximizing both revenues and profitability. Purchase price includes the real estate and current parts inventory. Genuine retirement sale!
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