Price Reduced! Absentee-Run Gas Station with Liquor Store Property!

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Incredible Cap Rate at 26%! Owner-Operator can make $200,000/year!
Asking Price:
$559,000

Gross Revenue:
 Not Disclosed
Cash Flow:
$145,236
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed

Real Estate:
 Not Disclosed
included in asking price

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Business Description

Absentee-owned Liquor Store and Gas Station in Albertville, AL! Seller does not push gas sales very hard and sometimes sells at 2-3 cents premium compared to competitors since he doesn't care to keep track of competitor's prices.

The Albertville store currently does $70,000 in inside sales and approximately 10,000 gallons per month making 15 cents per gallons. A new owner could easily increase gas sales by keeping track of the competition.

Asking Price reduced to $559,000 + inventory!

The owner also has 2 other gas station/liquor store properties in Scottsboro and Boaz that he currently owns and is willing to sell. All three are operational and absentee-owned! Asking $1,459,000 + inventory for all 3 properties. The 3 stores collectively return an NOI of approximately $315,000 per year! Based on that NOI, the cap rate for investing in all 3 businesses equals 21.59%!

Seller is willing to do a Lease-Purchase Agreement for the right buyer!

If interested, please email your full name and best contact number to info@riverbrokers.com.

About the Business

Real Estate:
Owned
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About the Sale

Seller Financing:
Lease-Purchase Available for the right buyer!

Listing Info

ID:
1449584
Ad Detail Views:
203

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Business Listed by

Kavita Purohit

River Brokers Real Estate

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