Semi Absentee American-Owned Gas Station in Birmingham, AL!

Birmingham, AL
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Asking Price:$229,000
Gross Revenue:$840,000
Cash Flow:$79,092
Rent:$7,500
BUSINESS DESCRIPTION

“Do not call employees”

Inside Sales are currently averaging $70,000 per month!

Outside Sales are averaging 40,000 gallons per month at 25 cents average margin per gallon! Gas profit is $10,000 per month!

Sweepstakes machine commission is $1,200 per month! ATM Commission is $700 per month!

Net profit is over $6,500 per month AFTER paying $11,000 in Payroll and all other expenses! Seller is frequently on-site but does not work full-time. An Owner-Operator could easily reduce payroll and increase take-home profits!

Seller offers higher-than-average hourly wages! Owner-Operator can cut costs and boost profitability!

No EBT! Buyer can add EBT and increase sales!

Jobber contract is Rack+2 with 5 years remaining.

C-Store Rent is $7,500 NNN! Lease has 11 months remaining with 2 five-year options to extend! Total nearly 11 years remaining on the lease!

In addition, Seller has leased the attached restaurant for $2,000 per month and currently has the space subleased for the same amount.

There is a HUGE opportunity to take the restaurant over and substantially increase profits! The restaurant lease is set to expire in February of 2026 giving the buyer ample time to prepare to take over or create a new concept!

Located among heavy commuter traffic with an Extremely High Average Traffic Count of 18,770 vehicles passing by the station each day!

Close proximity to colleges like Miles College and Lawson State Community College serving nearly 5,000 students. Also within 4 miles of NINETEEN K-12 schools serving over 5,000 students collectively. This store benefits from the student commuter traffic!

Near restaurants like Boston Fish Supreme, Top That Grille II, Blackmon's Cafe, Delights from Delore Bakery, Oh Yes Wings, Wings Village, Tropical Grill, Golden Dragon Inc, and Wings Plus. Add variety to this area by creating your own restaurant concept!

Close proximity to apartment complexes like Camellia Court, Vines at Hillside, McMillon Estates, W Clyde Williams Terrace Apartments, 210 at Valley Creek Apartments, Westlee, and Marland Apartments.

Near an affordable housing development for seniors, which will include 101 units, and a nearby neighborhood development featuring 28 detached, single-family homes. Gas Station can substantially increase profits by adding EBT!

Close proximity to a mixed-use residential project with over 500 luxury apartment units featuring a parking garage, retail, office space and more!

Just 15 minutes from Downtown Birmingham! 50 minutes from Tuscaloosa, AL! 1 hour 20 minutes from Montgomery, AL! 1 hour 35 minutes from Huntsville, AL! 2 hours from Tupelo, MS! 2 hours 20 minutes from Auburn, AL! 2 hour 30 minutes from Atlanta, GA!

Asking Price for Business-Only: $229,000 plus inventory!

“Do not call employees”


DETAILED INFORMATION
Location
Birmingham, AL
Inventory
Not Included in asking price
Real Estate
Leased
Competition
Close proximity to apartment complexes like Camellia Court, Vines at Hillside, McMillon Estates, W Clyde Williams Terrace Apartments, 210 at Valley Creek Apartments, Westlee, and Marland Apartments.
Growth & Expansion
Sweepstakes machine commission is $1,200 per month! ATM Commission is $700 per month!
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Kavita
Purohit
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Kavita Purohit