High Volume Absentee-Owned Gas Station with Property in Lanett, AL only 30 Min from Auburn, AL!
High Volume Absentee-Owned Gas Station with Property in Lanett, AL only 30 Min from Auburn, AL!
Price: $2,200,000
Industry: Convenience Stores, Gas Stations
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!
View Our Listing Video on YouTube!
https://www.youtube.com/watch?v=0pXAKSMJuoY
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: $1,269,600
Cash flow: $317,160
Square Footage: 2531