Absentee-Owned Convenience Store for Sale in Phenix City, AL

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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

100% Absentee-Owned: Fully managed by employees, ideal for passive investors seeking a hands-off opportunity.
Strong Financials: Achieves $60,000 in monthly inside sales and over $9,000 in net profit, with additional revenue from Bitcoin, ATM, and restaurant rental.
Prime Location & Growth Potential: Situated in a busy industrial area with high population density, near residential complexes, educational institutions, and commercial facilities, with Uhaul services being introduced.

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

Features & Tags

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