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In this post, I am going to bring you the gas stations for sale in Alabama, their location and the necessary contact details to get in touch with the owners.
Gas stations and the convenience stores that serve them are currently among the most profitable enterprises in the United States. Over 100,000 gas stations/convenience stores operate across the country, generating over $400 billion in annual revenue.
Because the country runs on gas, where people must commute to various locations and goods must also be transported between states, the gas station industry has a bright future. Here are some of the reasons why gas stations are so popular as investment opportunities.
Alabama is a region where you can run a successful gas business. Having a gas station is also an important asset to have as its value has a positive correlation with the demand for real estate.
Gas Station For Sale in Alabama
If you are in Alabama and you are considering investing your money into the gas business, then the gas stations below are up for sale and might be of great interest to you.
492 S Daleville Ave
Daleville, AL
$280,000
1280 SF Retail Building
Built in 1988
27267 Perdido Beach Blvd
San Roc Cay Marina
Orange Beach, AL
$ 399,000
1 Unit Available
2050 SF Unit.
1305 2nd Ave N
Birmingham, AL
$ 477,000
1 Unit Available
2,561 SF Unit.
1127 280 Byp
Phenix City, AL
$895,000
350 SF Retail Building
Built in 1990
25299 Canal Rd
Orange Beach, AL
$1,045,000
1 Unit Available
3,600 SF Unit
3142 Jack Spring Rd
Pickern’s Gas and Grocery
Atmore, AL
$69,900
1200 SF Retail Building
Built in 1984
Factors to Consider Before Buying a Gas Station
Before buying a gas station, there are a few things to think about. These include:
The Gas Station’s Location
Although other factors like the station’s administration and upkeep influenced sales, the most essential aspect is its location. Make sure you choose a popular site, such as one near highways, residential areas, social amenities and infrastructure, and so on.
The Gas Pumps and the Fuel Tank’s Condition
Fuel tanks and gas pumps, like any other piece of equipment that is used frequently, are prone to deteriorate with time. Before you choose a station or a price, make careful to examine the condition of both to avoid any surprises. If you buy from a well-established franchise, getting records should be simple because the pumps and tanks are constantly checked.
The Convenience Store’s Condition and Inventory
The convenience store will account for the majority of the station’s sales and profits. As a result, you should inspect the machines and other equipment to see if they are in excellent working order or if repairs or replacements are required. You should also gather information on the vendors with whom you will need to communicate in order to replenish inventories.
The Previous Owner’s Financial Situation
Examine the company’s monthly and annual records. These should offer you an idea of how profitable the firm is, as well as trends in gains and falls, so you can decide whether the investment is worthwhile.
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