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Convenience Store, w/Real Estate Included

Baldwin County, Alabama (Baldwin County)

Retail - Convenience Stores | Retail - Gasoline Service Stations

Asking Price $795,000 Inventory  
Gross Income $1,703,318 Real Estate $550,000* 
Cash Flow $109,250 Year Established 1975
FF&E $35,000* Employees 6 Full Time

* included in the asking price

** not included in the asking price

Established Convenience Store located on the corner of two busy highways in Baldwin County. Major residential developments going in all around this location. 2-MPD pumps with a total of four hoses. Room to expand with an additional island on one side. The store is large with about 1,000 SF of un-used area that could be additional grocery space or rented out for additional income. They have a small deli that does about $5,500 a month in pizza sales. One 4,000 gallon tank and 2-2,000 gallon tanks. Inside sales are 48.8% of the total sales. Inside sales are 46.5% of the total with a 24.6% profit. Rebates are not included in the financials, which will add another $20,000 to $25,000 in net income. Sales and net income for 2007 are running considerably ahead of 2006. Growing business in an area of rising real estate values. Inventory is not included in the purchase price. Real estate is included in the purchase price.

Facilities: 2,584 sq. ft. building on 18,900 sq.ft. lot; included in sale price

Growth/Expansion: Huge residentional developments going in all around this location.

Financing: Seller will negotiate financing

Support/Training: Seller will provide training

Reason Selling: Cutting Back

Business listed by

Lanier Chew

251.626.4949


Sunbelt Business Brokers


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