$70,000 Inside Sales Gas Station with Property in AL
Listing was updated at: 04/24/2019
Property Overview
Price/Rent PSF $ 1,500,000.00 /8,500.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 1
Date Available 03/01/2019
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Description

Current inside sales are $70,000 including deli and 60,000 gallons of gas at 10 cents profit. ATM does $800 and is owned by the Seller. Alabama Gas station located at the Georgia-Alabama Border; One Hour and 15 mins from Atlanta! Off of I-85, exit location and right next to apartment complexes and town home community! Great Location! Gas station is located between Point University and Southern Union State community college! Multiple manufacturing plants in the area! Seller has had this location for 9 years. Store was completely remodeled in 2013. All lights inside and outside were recently changed to LED. The Electric bill reduced by $400-$500 per month. Brand new pumps and brand new POS system! There are no more open corners available for any competition to come close by. There is an external car wash building that is currently leased for $600 a month. Since there is a huge apartment community around and no liquor store close by, if Buyer wanted to convert the Carwash area into a liquor store that is a possibility and a huge opportunity! Jobber Contract ends soon in 2021. Credit card fees are only 1.75%! Huge Potential for an Owner/Operator. Seller has several stores. Seller used to have Western Union with Money transfers and Money Orders. Seller did over $100,000 and profited $3,000 a month from that specific service. Unfortunately, since the Seller started running the store solely with employees, he decided to stop Western Union. Great opportunity for an Owner Operator Buyer to bring it back! Asking Price for Business and Property: $1.5 Million plus inventory. Cap Rate of 12%! Amazing Deal! The Business-only is available for $329,000 + inventory. Rent will be $8,500 NNN with a 15-year lease available.

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