Seller's Contact Information
- RE: Grocery Store With Property In Caraway, Arkansas!
- Contact: Kavita Purohit
Quick Facts
| Asking Price: | $529,000 | |
| Annual Revenue: | $852,000 | |
| Net Profit: | $126 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | Not Disclosed | |
| Real Estate: | Not Disclosed | |
| Year Established: | Not Disclosed | |
| Employees: | Not Disclosed | |
| BBN Listing #: | 533233274 | |
| Broker Reference #: | Not Disclosed |
Business Overview:
Price Reduced to $529,000 plus inventory!
Seller is willing to do a lease-purchase for the property for $125,000 plus inventory!
Sales are $71,000 per month! Net Profit is more than $10,500 per month AFTER paying all expenses including a payroll of $8,400 per month! Payroll is extremely high because Seller is Absentee! Huge Opportunity for an Owner-Operator to take over!
No Competition! The closest competition is over 15 min away from the store!
Building is 8,700 square feet with a duplex included! Each unit is 1 bed and 1 bath.
Both units are currently being rented out for $1,100 total per month on month-to-month leases! Buyer can collect the rent or take over one or both units!
Property is 1.14 acres!
Huge demand for hot food in the area! Also a major opportunity to add gas pumps and significantly increase the business!
The store is very clean and a one-stop-shop for groceries and good quality food in the area! All equipment is in great condition!
Average traffic count of 1700 vehicles passing by the store each day!
Less than an hour from Memphis, TN! 30 minutes from Jonesboro, AR! Less than 30 minutes from Osceola, AR!
Asking Price for Business and Property is only $529,000 plus Inventory! Inventory is not included in the asking price. Inventory may be roughly $85,000 at cost but that is only a guesstimate.
Seller is willing to do a lease-purchase for the property for $125,000 plus inventory!
If interested, please contact us anytime with your full name and best contact number.
To request more information regarding this listing, simply check the ADD TO REQUEST INFO BASKET button and when you are done searching and have made all your selections, simply click on the REQUEST INFO button at the bottom of the page.
Property Features and Assets:
Building is 8,700 square feet with a duplex included! Each unit is 1 bed and 1 bath. Property is 1.14 acres!
Market Competition and Expansion:
Average traffic count of 1700 vehicles passing by the store each day! Less than an hour from Memphis, TN! 30 minutes from Jonesboro, AR! Less than 30 minutes from Osceola, AR!
Additional Details:
- The property is owned.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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