The package at a glance. Four recently Shell-branded stations, modern canopies and EMV pumps, turnkey with staff who wish to stay. The ask is $1,140,000 for operations only, which means you buy the operating businesses and pay ground rent to the property owner. Stores can be acquired as a package or individually.
| Store | Fuel gallons | Inside sales | Inside gross profit | Net (OM basis) |
|---|---|---|---|---|
| Store 1 · Opelika Rd | 464,705 | $334,689 | $83,832 | $50,884 |
| Store 2 · US-80 W | 1,870,377 | $1,517,809 | $380,908 | $496,913 |
| Store 3 · Fort Mitchell Rd | 927,241 | $1,012,965 | $301,138 | $235,663 |
| Store 4 · Hwy 165 | 488,797 | $742,572 | $224,868 | $153,438 |
| Package | 3,751,120 | $3,608,035 | $990,746 | $936,898 |
- A fuel-margin stream first. Strip out fuel and the four stores net about $50,650 combined after rent and payroll. Stores 2 and 4 carry themselves inside; Stores 1 and 3 lean on fuel. The center of gravity is the pump.
- A real foodservice asset at Store 3. A deli doing $147,667 at a 47% margin, plus installed hot-food capacity sitting idle across the package.
- Four separable assets. Store 2 is the clear standout. You are not forced to take all four.
- Turnkey operations. Staff, systems, inventory, and a recent Shell rebrand across all locations.
Ready To Set Your Benchmark
The Benchmark Signal is sourced and tagged verified or modeled, across six tabs: the financial read & economics, the upside stack, the location intelligence, and the diligence list.
The trend, stated straight. Inside sales and fuel volume are verified from point-of-sale exports. Fuel margin is modeled, because the offering carries a conservative cents-per-gallon assumption rather than the raw point-of-sale fuel figure. Where a number is an estimate, it is labeled.
| Store | 2024 | 2025 | YoY | Month 1 / 2026 ×12 |
|---|---|---|---|---|
| Store 1 | 694,404 | 464,705 | -33.1% | 492,526 |
| Store 2 | 2,252,881 | 1,870,377 | -17.0% | 1,706,147 |
| Store 3 | 1,574,332 | 927,241 | -41.1% | 792,396 |
| Store 4 | 663,081 | 488,797 | -26.3% | 405,219 |
| Package | 5,184,698 | 3,751,120 | -27.7% | 3,396,288 |
| Store | 2024 sales | 2025 sales | YoY | 2025 gross profit |
|---|---|---|---|---|
| Store 1 | $395,210 | $334,689 | -15.3% | $83,832 |
| Store 2 | $1,323,992 | $1,517,809 | +14.6% | $380,908 |
| Store 3 | $1,208,651 | $1,012,965 | -16.2% | $301,138 |
| Store 4 | $909,581 | $742,572 | -18.4% | $224,868 |
| Store | Fuel gal | Fuel margin | Inside sales | Inside profit |
|---|---|---|---|---|
| Store 1 | 41,044 | not costed | $24,577 | $7,320 |
| Store 2 | 142,179 | $67,265 | $131,937 | $34,758 |
| Store 3 | 66,033 | $38,820 | $74,435 | $22,467 |
| Store 4 | 33,768 | $22,129 | $55,103 | $16,877 |
| Package | 283,024 | $128,214 | $286,051 | $81,423 |
The combined business ran $20.9M (2021), $21.1M (2022) and $23.2M (2023) in total income, with 2023 the peak at $864k net before owner add-backs. That history shows the asset's earning power at higher volume. It is not a go-forward comparison, because the operations-only structure carries roughly $516,000 a year of ground rent that the 2023 statements did not. Read 2023 as ceiling evidence, not as your year-one number.
Four assets, four different stories. The package average hides real divergence. Here is each store on its own merits, 2025 verified, with the single feature that defines it.
Store 2 · The engine
Store 3 · The kitchen
Store 4 · The steady one
Store 1 · The fixer
Where the return moves. The ask is built on a deliberately conservative fuel margin. That is the floor. Recent verified actuals show the market paying well above it. We do not pick your number. We show the band and let you set it.
- Foodservice is switched off. Store 1's Noble Romans line rang $4.76 for all of 2025. Store 3's rang $1.19. The equipment footprint exists across the package. NACS reports foodservice is now 38.9% of in-store gross profit industry-wide, and Store 3 already proves the lane with a deli throwing off about $70k of gross profit on its own.
- Store 2 inside is compounding. Up 14.6% in 2025 against a declining-volume backdrop. Whatever is working there is worth protecting and copying.
- Margin mix, not just volume. Cigarettes ring large but margin thin. Energy, deli, fountain and packaged beverage carry the real points. There is room to shift mix toward the categories that already margin at 40% and up.
- Buy the strong ones. Individual sale means a buyer can concentrate on Store 2 and Store 4, the two that carry overhead inside, and pass on the fixers.
One corridor, four sites. All four sit in close proximity on the west side of Columbus, GA near the Alabama state line, in Phenix City, AL. Newly Shell-branded with modern imaging, on a high-traffic commuter and local corridor.
| Store | Address | Built | Lot | Hours |
|---|---|---|---|---|
| Store 1 | 3814 Opelika Rd, Phenix City 36870 | 1994 | 0.31 ac | Mon-Sat 5a-10p |
| Store 2 | 3930 US Hwy 80 W, Phenix City 36870 | 1995 | 1 ac | Mon-Sat 5a-10p |
| Store 3 | 409 Fort Mitchell Rd, Phenix City 36867 | 1993 | 1 ac | Mon-Sat 5a-11p |
| Store 4 | 128 Highway 165, Phenix City 36869 | 2006 | 2.20 ac | Mon-Sat 5a-9p |
Why owning all four is the real position
BFA-1018 is a four-location Shell-branded portfolio positioned across the Phenix City and Columbus metro. Instead of leaning on one traffic source, it captures several at once, which builds resilience across cycles and opens room for operational upside and long-term appreciation.
Store 2 · Flagship
Store 3
Store 4
Store 1
| Category | Weight |
|---|---|
| Location | 20 |
| Traffic | 15 |
| Demographics | 15 |
| Economic drivers | 15 |
| Competition | 10 |
| Growth outlook | 10 |
| Visibility | 5 |
| Accessibility | 5 |
| Operational upside | 5 |
| Total | 100 |
Full one, three, and five mile demographic radii and a mapped competitor set are included in the diligence package.
Not a gas station. A market-supported investment.
Most brokers say, here is a gas station. Benchmark says, here is a market-supported investment backed by demographic, traffic, economic, and operational intelligence that explains why this asset is positioned to generate durable cash flow and long-term value.
The signal, undecorated. A four-store fuel-margin business with a real foodservice asset, priced at a strong yield because volume is in transition. The conservative case clears the ask. The diligence is about confirming the structure and sizing the operating model.
- A fuel-margin stream that is 94.6% of the cash flow, currently modeled at a conservative price per gallon with verified headroom above it.
- An inside business that is uneven: two stores carry their overhead, two lean on fuel, and one foodservice asset is genuinely strong.
- Operating leverage from a four-store corridor cluster, available whole or piece by piece.
- Fuel margin transfer. Confirm the fuel supply agreement and its margin convey with the operations. The consolidated supply entity books gas sales and purchases at its level, so verify the buyer captures the pump margin.
- Lease terms. Ground rent of roughly $516,000 a year is the single largest expense. Confirm amount, term, escalations and length per site. Not disclosed in the offering.
- Payroll model. The offering carries about $341k combined. History ran higher. Size labor to your own operating plan and stress the net accordingly.
- Volume floor. Decide where gallons settle. The whole return rides on this line.
Ready To Set Your Benchmark
The Benchmark Signal is sourced and tagged verified or modeled, across six tabs: the financial read & economics, the upside stack, the location intelligence, and the diligence list.