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Business For Sale

CONVENIENCE STORE, BUSY INTERSECTION,

Attn: Jennifer Winburn
Memphis, TN, USA
Listing Number: "4245F"
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Asking Price: $175,000 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores  
Reason for Selling: Health reasons.
Year Established: 2001
Yearly Gross Income: $42,000
 

Business for Sale Overview:

This is a convenience store with beer and cigarettes. The owner has been at this location for 7 years. Gross sales do not include income from check cashing, money orders and accounts receivable. The store is located at the corner of a busy intersection. It is a free standing building close to apartment complex and heavy residential area. Owner was hurt on his other full-time job and can no longer continue to work both jobs.Agents are available 7 days/week. Feel free to call us directly at 901-362-9191.


Property Features and Assets:

Real property available and included in sales price. Includes land, store, building, 1,100 sq.ft. house and vacant lot. There is an upstairs apartment above the store. There is also the option to buy this business only and lease the property.


Market Competition and Expansion:

Expansion opportunities include opening a meat department that is not in use and increasing store hours. Current hours are 4-5 days a week 7-9am and 2-3pm.


Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • The owner is not willing to work for the new owner.
  • This may become a homebased business opportunity.
  • This is not a franchise resale opportunity.
  • This is not a distressed business or bankruptcy situation.

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