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SOLD -Gas Station for Sale in Choctaw County AL
$1,270,000.00

SOLD -Gas Station for Sale in Choctaw County AL

Gas station for Sale - Choctaw County AL

Business Snapshot:
Asking Price for Business: $750,000
Gross Revenue: $2,300,000
Real Estate Price: $520,000
Cash Flow: $235,000
Inventory: $50,000
Year Established: 2019

Business Details:

For sale: A branded gas station fast food business and property in Alabama's Butler Meridian area, priced at $750,000, which also includes inventory. This opportunity features monthly merchandise sales averaging between $50,000 to $55,000, encompassing lucrative hot food and kitchen sales. Additionally, the station boasts monthly gas sales ranging from 45,000 to 50,000 gallons, with an average profit margin of 20 cents per gallon.

The property comprises a spacious 2,500 square foot convenience store located on a generous one-acre parcel of land. There is considerable untapped potential for revenue growth by introducing additional profit centers. The station is equipped with three underground storage tanks (USTs) in excellent condition, having undergone necessary upgrades and inspections.

Recent improvements to the station include the installation of three brand new multi-product dispensers (MPDs) and a diesel pump. Furthermore, there is a new point-of-sale (POS) system, upgraded LED lighting, and various other enhancements. The station also generates supplementary income through ATM services, an air pump, cigarette sales, and various rebates and commissions.

The current owner is motivated to sell and is an absentee owner. They are eager to strike a deal with a hands-on owner-operator who can unlock the station's full potential. This presents an exceptional opportunity, particularly for a proactive owner-operator or a family looking to enter this business.

Contact TBB for more information.

Author Info

TBB

Member since 2 years ago
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Location and Cashflow

Cashflow
258,500
Location
Choctaw County, AL

Contact Information

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