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.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
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. Seller financing is available. Seller is asking 90k down and will finance the balance. Seller also agrees to share closing costs.
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.
Reason for Selling:
Health reasons.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.