Price Reduced! Absentee-Run Gas Station with Liquor Store Property!
Incredible Cap Rate at 26%! Owner-Operator can make $200,000/year!
(Seller's Discretionary Earnings)
included in asking price
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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 firstname.lastname@example.org.
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Lease-Purchase Available for the right buyer!
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