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| Asking Price: |
$785,000 |
Status: |
Active |
| Business Type: |
Retail - Gas Station | Retail - Convenience, Grocery Store |
Reference #: |
26409052 |
| Business Location: |
Alabama |
Broker Coop: |
Yes |
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Baldwin County |
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Annual Income Information |
Labor Information |
| Gross Sales: |
$1,615,899 |
Full-Time Employee: |
3 |
| Cash Flow: |
$145,097 |
Part-Time Employee: |
3 |
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Business Detail Information |
Lease Information |
| Form of Ownership: |
S Corporation |
Leased SqFt: |
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| Year Established: |
1999 |
Rent /Month (Include NNN): |
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| Accounting Info(years): |
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Lease Exp.Date: |
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| Franchise: |
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Original Lease (# of yrs): |
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| Liquor License: |
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Lease Left (# of yrs): |
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| Seating Available(#): |
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Lease Option (# of yrs): |
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| Parking Space(#): |
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Lease Renewable: |
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| Hours of Operation: |
Mon - Sun 6-9 |
Lease Transferable: |
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| Reason For Sale: |
Other business interests. |
Rent Increase: |
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| Seller Training Available: |
Yes (Will train for 4-weeks.) |
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Price Description |
Financial Information |
| Real Estate Included: |
No |
Seller Cash Out: |
No |
| Real Estate Value: |
$800,000 |
Seller Financing Available: |
Yes |
| Fixture & Equipment Included: |
Yes |
Seller Financing Amount: |
$635,000 |
| Fixture & Equipment Value: |
$25,000 |
Seller Financing Term(years): |
15yrs |
| Inventory Included: |
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Annual Interest Rate: |
7% |
| Inventory Value: |
|
Min. Down Requested: |
$150,000 |
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Business Description |
This is an Excellent Station located on major connector Highway.Seller has invested alot in up grading store into a profitable entity.The station has other profit centers on the property.The Real Estate is being sold with the Station and owner is willing to finance the whole deal with 150000 down.The Real Estate is appraised at close to $1m .There is a manager already in place who is willing to stay with new owner. |
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