High Volume Absentee-Owned Gas Station with Property in Hoover | Metro-Birmingham, AL!
High Volume Absentee-Owned Gas Station with Property in Hoover | Metro-Birmingham, AL!
Price: $2,990,000
Industry: Convenience Stores, Gas Stations
Listing ID: HOOVERALGS2.99M
Inside Sales are an average $90,000 per month!
Outside Sales are an average 67,000 gallons per month with an average margin of 37 cents per gallon, including a 2 cent gas rebate!
Phone card commission and ATM commission combined is an average of $1,200 per month!
Absentee Owned! Owner operator can take over and significantly reduce payroll and increase profits.
High Margin Store! Deli sales are $15,000 per month at 45% margins! Grocery sales are $24.000 per month at 40% margins!
Monthly Net Profit is over $23,000 AFTER paying $18,000 in Payroll and all other expenses!
Jobber contract is Rack +1 with 9 years remaining.
Property is 0.73 acres!
High visibility lot with two-way access.
Shutdown car wash located on the property! Reopen and generate additional revuene or convert it into a retail space such as a Vape Store!
Extremely High Average traffic count of 23,720 vehicles passing by the station each day!
Median Household Income is $94,080, providing a strong customer base.
Near K-12 Schools and Higher Education like Riverchase Elementary School, Rocky Ridge Elementary School, Shades Mountain Elementary, Vestavia Hills Elementary West, and Samford University, collectively serving over 7,000 students!
Located in the center of several established developments, including a Walmart Neighborhood Market and a large commercial strip center with a furniture store, grocery, restaurants and dozens of other businesses and commercial spaces.
Nearby restaurants include Jack's, Zaxby's, Wing It, Costa's Mediterranean Cafe, Taqueria Juarez, Pollo Lucas, Whataburger, First Watch, IHOP, Tony's Hot Dogs, Silver Coin Indian Grill, and Taste of Thailand.
Near condominium complexes like Four Seasons Condos, Windhover Condominiums, Lennox Townhomes & Condos, The Overlook On Riverhaven, 2000's Waterford Place Condominiums.
Close proximity to a substantial 882-acre mixed-use development. It is set to include up to 2,344 residential units, along with expansive commercial and retail spaces and a 135 room hotel!
20 minutes from Birmingham, AL! 1 hour 15 minutes from Montgomery, AL! 2 hours 25 minutes from Atlanta, GA and Chattanooga, TN!
Asking Price for Business and Property: $2.99M 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: $1,074,000
Cash flow: $279,408