High Cash Flow Absentee-Owned Gas Station with Property in Bessemer | Metro-Birmingham, AL!
High Cash Flow Absentee-Owned Gas Station with Property in Bessemer | Metro-Birmingham, AL!
Price: $2,900,000
Industry: Convenience Stores, Gas Stations
Listing ID: BESSEMERAL2.9M
Absentee Owned! Owner operator can take over and significantly reduce payroll and increase profits.
Inside Sales are an average $75,000 per month!
Outside Sales are an average 79,000 gallons per month with an average margin of 37 cents per gallon, including a 2 cent gas rebate!
Phone card commission and ATM commission averages over $1,400 per month.
High Margin Store! Deli sales are $16,000 per month at 45% margins! Grocery sales are $24.000 per month at 40% margins!
Monthly Net Profit is over $22,500 AFTER paying $17,000 in Payroll and all other expenses!
Jobber contract is rack +1 with 9 years remaining with Majors Management.
Building area is 2,800 SF and the property is 0.53 acres.
High visibility corner lot with three access points.
Minimal competition along Route 11! Located 1.5 miles from I-20!
Average traffic count of 16,600 vehicles passing by the station each day!
Median Household Income is $55k, providing a high-demand customer base!
Nearby K-12 Schools and Higher Education like J. S. Abrams Elementary School, Westhills Elementary School, Bessemer City School, Bessemer Academy, Heritage Christian Academy, and Lawson State Community College collectively serve over 8,000 students!
Close proximity to Kings Wings, McDonald's, Jennie's Sandwich Shop, Magic City Grille, Bistro on 19th, Bob Sykes BAR-B-Q, Jack's Family Restaurant.
Near apartment complexes like Westlake Apartments, Villa Glen Apartments, Pines, Peppertree Apartments, Timberline Apartments, and Bessemer Place Apartments,
Close proximity to a mixed-use development of 80 single-family homes, 200 senior housing units, 100 condominiums, and additional multifamily units. The area also includes a community development planned to build another 125 new houses.
20 minutes from Birmingham, AL! 40 minutes from Tuscaloosa, AL! 1 hour 35 minutes from Montgomery and Huntsville, AL! 2 hours 30 minutes from Atlanta, GA!
Asking Price for Business and Property: $2.9M plus inventory!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Gross Revenue: $897,600
Cash flow: $271,692
Square Footage: 2800