Absentee-owned Gas Station With Property In Waverly For Sale

Description

Gas station with real estate for sale near Auburn, Alabama.

Asking price is $600,000 plus inventory.

A lease-purchase option may be available with $200,000 down plus inventory.

Inside sales average approximately $42,000 per month.

Fuel volume is about 15,000 gallons per month with a reported margin of approximately $0.25 per gallon.

The seller reports net profit of more than $9,000 per month after payroll.

According to the seller, an owner-operator could earn close to $15,000 per month.

Property and equipment

• Approximately 1.9 acres
• About 2,000 sq. ft. store
• New fuel pumps
• Recently paved lot
• Jobber agreement with about 6 years remaining

The seller currently spends about 8 to 10 hours per week at the business and is retiring.

The seller reports daily traffic of approximately 4,700 vehicles and a local median household income of about $73,000.

The property may allow room for additional uses such as a liquor store, storage or other expansion, subject to approvals.

The location is near Auburn with access toward Atlanta, Columbus and Birmingham.