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Newly Renovated C-Store doing $64,000 in AL!

Listing was updated on: 06/04/2019
Newly Renovated C-Store doing $64,000 in AL!

Property Overview

Price/Rent PSF $ 399,000.00/2,300.00
Asset Type Retail
Trade Type Sale & Lease
SQ. FT. Available 1
Date Available 05/31/2019
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Description

Please do not speak to any employees because the seller visits the property only once every other week. Seller will not do a deal with you if any employees become aware that the property is for sale. Inside Sales are $64,000 per month! Even after paying rent or mortgage and a payroll of $8,000, the store’s net profit is $11,000 per month! Store is surrounded by multiple different small businesses as well as big corporations such as SABIC Plastic and a Hyundai Plant that purchase food from the store. Walking distance from an auto towing company so patrons visit while getting their cars. Store is next to the Montgomery Speedway, the oldest operating racetrack in Alabama. Only 10 minutes away from the Montgomery Regional Airport! The Alabama State University is only 15 minutes away! The store receives a lot of business from the campground behind it during spring and summer break! Seller renovated the store completely in 2016! Brand new Walk-in cooler, furniture, counter, A/C, and Freezer! Asking Price for Business and Property: $399,000 + inventory! Asking Price for Business-only: $159,000 + inventory. Inventory financing available for 6 months! Rent will be $2,300 with a 5+5+5 year lease available!

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