Absentee-Owned Gas Station with Property in Lanett, AL!

Asking Price$2,200,000

Cash Flow
$317,160
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,269,600

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price
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Absentee-Owned Gas Station with Property in Lanett, AL!


Asking Price$2,200,000

Cash Flow
$317,160
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$1,269,600

InventoryNot Disclosed

FF&ENot Disclosed

Real Estate$2,200,000
Included in asking price
Business Description
Absentee Owned! Owner operator can take over and significantly reduce payroll and increase profits.

Inside Sales are an average $105,000 per month!

Outside Sales are over 58,000 gallons per month with an average margin of 37 cents per gallon, which includes a 2 cent gas rebate!

Phone card commission and ATM commission is an average of $1,200 per month.

High Margin Store!

Monthly Net Profit is over $26,000 AFTER paying $15,500 in Payroll and all other expenses!

Jobber contract is Rack +1 with 9 years remaining.

High visibility corner lot with two-road access, capturing both local and pass through traffic.

Located in a residential area and a quarter mile from the Alabama and Georgia border.

Building area is 2,531 SF and the property is 0.39 acres.

Extremely High Average traffic count of 17,520 vehicles passing by the station each day!

Median Household Income is $55,000, providing a high demand customer base!

Close proximity to K-12 Schools and Higher Education like W. O. Lance Elementary School, Lanett Junior High School, Springwood School, and Point University collectively serving over 4,000 students.

Near restaurants like Merl's Diner, El Rio Grande Mexican Restaurant, Sarajay's, El Jimador Mexican Restaurant, Biggies, Miso Sushi House, Johnny's New York Style Pizza, Steak & Company, Pokey's 8th Street Grill, Tasty Donuts, and Sonic Drive-In.

Close proximity to apartment complexes like Pear Tree Properties, Garden Greene Apartments, Lakeview Building, Riverside lofts, The Lofts, West Point Village, College Hill Apartments, Ten Oaks Apartments, Smiths Villas Apartments. Also near a new single family home development featuring 120 residences!

30 minutes from Auburn, AL! 45 minutes from Columbus, GA! 1 hour 20 minutes from Atlanta, GA and Montgomery, AL! 2 hours 20 minutes from Birmingham, AL!

Asking Price for Business and Property: $2.2M plus inventory!
About the Business
Facilities & Assets
Building area is 2,531 SF and the property is 0.39 acres.
Market Outlook / Competition
Extremely High Average traffic count of 17,520 vehicles passing by the station each day!
Opportunities for Growth
Phone card commission and ATM commission is an average of $1,200 per month.
Real Estate
Owned or Leased
Owned
Included in asking price
Building Sq. Ft.
2,531
Listing Info
ID
2304295
Listing Views
2208

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Business Listed by: Kavita Purohit River Brokers

Listing ID: 2304295 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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