Unbranded Faulkville

Falkville, AL (Morgan County)

Seller Financing Available
Unbranded Faulkville
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Asking Price: $189,000

Cash Flow: N/A

Gross Revenue: N/A

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: 1984

Unbranded Faulkville

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Business Description

This Great little location been in the neighborhood for over 34 years. Owner ready to retire and see the world. Made a little fortune during those 34 years . Sent two kids to collage and built over 300 acre of land . Very low over heads and great margin.He been opening the store from six in the morning and 5 am in the evening. He opens on Sat from 7 am to 12 pm and closed on Sunday. Gas margin is at minimum 15 cent per gallon and inside margin are close to 40 percent since he sell lots of hardware merchandise.
It does have kerosene oil tank but seller do not sell it.Also sells fishing equipment with high profit margin. With little TLC and and adding operational hour this store can bring in mega bucks.
Sale include all fixture, inside stocks, shelves equipment inside and outside, gas tanks, pumps, canopy and all real estate ,
However buyer will purchase all gas in the tanks at whole sale price at the day of closing.
With $100,000 down seller will finance the balance for 24 months.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
1,600
Employees:
0
Facilities:
Decent parking area. Do have basement but need little work. Lot is about one third of an acre. Owner have few items which belong to him . Other than those items everything will be conveyed to the buyer.
Competition:
No immediate competition.
Growth & Expansion:
Open longer hours. Stay open on Sunday. Little face lift. Add deli since the place already sells deli meet. Deli will do great in this area since food places are pretty good ways. Once the Cullman county go wet open a liquor store.
Financing:
Ready to retire.
Support & Training:
2 week. Please call me at 205-266-2757 if you like to sell your business.
Reason for Selling:
Retiring.
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(from currently available funds)
 
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Kenny Sayyed

Business Listed By:
Kenny Sayyed

Canterbury Realty Group

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