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- RE: Gas Station With Property In Lanett, AL!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $2,200,000 | |
| Annual Revenue: | $1,269,600 | |
| Net Profit: | $317,160 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 980766 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
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 Square Feet 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!
If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Market Competition and Expansion:
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!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Alabama businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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