Business For Sale

Food & Beverage: Convenience Stores


Well Est. Convenience Store - Priced to Sell

Jackson, TN

Asking Price: Annual Revenue:
$250,000 $1,316,291

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RE: Well Est. Convenience Store - Priced to Sell Broker: Richard Reed Transworld Business Advisors - Greater Memphis Are

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Quick Facts

Asking Price: $250,000
Annual Revenue: $1,316,291
Net Profit: Not Disclosed
Cash Flow: $174,692
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2003
Employees: 5
Listing Number: 359436228

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Business Overview:

Well established Convenience Store (without gas). This successful business has operated at the same location since 2003. Sales consist of Beer, Tobacco products, and Grocery items. The store also sells Lottery tickets. It is located in a high traffic area close to residential communities and near 2 universities. Revenue could be increased by adding Food Service such as a Deli. Total sales revenue averages approximately $1,200,000 annually. Owner benefit is around $175,000 per year. The owner wants to relocate and is very motivated to sell. The List Price on the business only, is $250,000; with Real Estate the price is $540,000. Some owner financing is possible.

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Property Features and Assets:

Business established in 2003. Growing and profitable.

Market Competition and Expansion:

High traffic area with lots of walk-in and drive-up trade. Revenue could be significantly increased by adding a food service such as a Deli.

Reason for Selling:

Owner desires to relocate to another state.

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources:

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