Business-only Business for sale in Birmingham, AL
Offer Price
$999,000
Business-only
About this property
Financial Information:
High-Volume, Highly Profitable Retail Business! Strong and consistent sales volume with approximately $1.25 Million in annual sales.
Exceptional profit margins! Average product margins are approximately 70%, generating strong gross profits!
15-Year Lease Available for the Buyer! Rent is only $4,400 per month, providing an exceptionally low occupancy cost relative to the store’s sales volume.
Minimal Payroll! Payroll is approximately $4,500 per month, with only one full time employee needed to operate the business.
Low Overhead! Net profit is over $72,000 per MONTH after paying all operating expenses, including payroll, rent, and other overhead. An owner-operator could potentially take home over $76,000 per month.
Annual Net Profit is over $864,000! Stores with this level of profitability and low overhead rarely come to market.
Store Information:
Space is approximately 2,400 sq ft!
Located immediately off an Interstate exit along a major retail corridor, with a major national retailer nearby helping drive consistent customer traffic. Other national tenants in the surrounding area also contribute to strong traffic and visibility!
Population is approximately 45,000 within a 3-mile radius and over 125,000 within a 5-mile radius!
Fantastic Reviews! The store maintains a perfect 5.0-star rating with hundreds of customer reviews!
The business has established a loyal customer base and is known for its cleanliness and excellent customer service!
Median household income is approximately $59,000!
Strong daily traffic counts provide significant vehicle exposure along the surrounding retail corridor!
This is an extremely high-margin retail business generating approximately $864,000+ in annual net profit, making it one of the most profitable businesses of its type in the Birmingham market!
Asking Price for Business Only Reduced to $999K plus inventory! Inventory is guesstimated at $300,000 at cost. Rent is only $4,400 per month with a 15-year lease available!
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Property Details
Location
Business Details
Pricing Details
Listing Information
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.
This listing is published by an independent lister. Antela does not act as a real estate broker, does not verify ownership, and does not guarantee the accuracy of listing information. Buyers and tenants should conduct their own independent due diligence before entering into any transaction.