Lease-Purchase for Bar & C-Store at TN-AL Broder!

Loretto, TN
Marion County

Lease-Purchase for Bar & C-Store at TN-AL Broder!


Asking Price: Annual Revenue:
$399,000 $956,400

Food & Beverage: Bars, Clubs, Nightspots


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RE: Lease-Purchase for Bar & C-Store at TN-AL Broder! Broker: Kavita Purohit

Quick Facts

Asking Price: $399,000
Annual Revenue: $956,400
Net Profit: Not Disclosed
Cash Flow: $300,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: Not Disclosed
BBN Listing #: 608233274
Broker Reference #: LorettoLease

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Business Overview:

Please do not speak to employees because they are unaware the store is for sale!

Lease-Purchase Available for the Property for only $399,000 + inventory!

Seller's Net Profit is over $26,000 per month after paying $10,000 in monthly Payroll! After paying a 30% downpayment (approximately $321,000), Buyer's Net Profit after Mortgage will still be over $250,000 per year!

Huge Lottery Commission at $10,000 per month! Store is located at the border of Alabama and Tennessee on the Tennessee-side and all the Alabama customers travel to Tennesee to play lottery!

Restaurant/Bar sales are $36,000 monthly! C-Store sales are $31,000 monthly with high margins! Lottery commission is $10,000 per month! Quarter Machine Commission is $1,300 per month!

Building is Newly Built!

30 mins from Florence, AL & Lawrenceburg, TN! 1 and a half hours from Huntsville, AL! Less than 2 hours from Nashville, TN!

No Competition!

Asking Price for the Business and Property is $1,099,000 + Inventory! Inventory is approximately $40,000 at cost.

The Seller is willing to lease purchase the property for $399,000 + inventory down, 25-year amortization, and 7% interest rate. Based on those terms and asking price of $1,099,000 + inventory, your mortgage payment to him will be only $4,947.45! Your Take-Home After Mortgage will be more than $20,000 per month!

You will have 3 years from the closing date to go to the bank for the remaining balance. 3 years is typical since you just need 2 years of strong tax returns for the bank to give the loan. However, the seller agreed to accept $150,000 to extend the property purchase option for an additional 7 years thereafter to finance you.

If interested, please email your full name and best contact number to us.

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.

Additional Details:

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

Relevant Links:

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