Absentee-Owned Convenience Store for Sale in Phenix City, AL
Financial Details
- Asking Price:
- $99,000
- Annual Revenue:
- $60,000
- Cash Flow / SDE:
- $9,000
- Profit Metric:
- Net Profit
- Valuation Multiple:
- 11.0x
- Location:
- Phenix City, AL, US
- Source:
- Date:
- September 16, 2025
Key Highlights
Description
This is a 100% absentee-owned convenience store located in Phenix City, Alabama. The business generates impressive monthly inside sales of $60,000, with a net profit exceeding $9,000 per month after accounting for payroll and other expenses. The monthly rent is an affordable $2,500 NNN, with a 15-year lease available. The business benefits from multiple additional income streams, including a Bitcoin machine ($300/month), ATM commissions ($1,500/month), and rental income from a sub-leased restaurant ($600/month). The seller is also initiating a Uhaul business. The store operates entirely with employees, as the owner has other businesses and the current manager must return to their home country immediately, making the seller highly motivated. Situated in an industrial area, the location boasts a population of over 102,500 within a 5-mile radius and is strategically located near apartment complexes (132 units within 1 mile, 740 units within 5 miles), a school, a sports complex, two factories, and a community college with approximately 1,500 students. The asking price for the business-only is $99,000 plus inventory.
Industry Information
- Industry Description:
- Convenience Store
- Classification:
- Retail
Operational Snapshot
- Reason for Selling:
- Seller has other businesses and needs to relocate manager.
Real Estate & Lease
- Status:
- Not Included
- Monthly Rent:
- $2,500 USD
Assets & Inventory
- Includes Inventory:
- Yes
Listing Details
- Listing ID:
- 9df2c4b1-4b16-4653-9745-17630cbb3b35
- Deal Status:
- For Sale
- Date Posted:
- March 11, 2022
- Last Updated:
- September 16, 2025
- Currency:
- USD