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Absentee-Owned Liquor Store & Gas Station
Location: United States -> Alabama -> Boaz
Industry: Food and Beverage > Liquor Stores




Business Summary

Absentee-owned Liquor Store and Gas Station in Boaz, 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 Boaz store currently does $45,000 in inside sales and approximately 25,000 gallons per month making 15 cents per gallons. A new owner could easily increase gas sales by keeping track of the competition.

Asking Price: $429,000 + inventory.

The owner also has 2 other gas station/liquor store properties in Scottsboro and Albertville 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 call us anytime at 770-664-9999.


Financials

Asking Price Range:  $250K - $500K
Gross Revenues:   $1,000,000
Cash Flow:   $101,640
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  2015
Number of Employees:  1 - 3
Relocatable:  No
Franchise:  No
Current Real Estate:  Owned
Property:  Property For Sale




Print Listing Id: 700311697
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > Alabama Businesses For Sale > Alabama Franchises For Sale > Alabama Business Brokers



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