Local Convenience Store-Price Reduced

Shelby County, TN


Asking Price: Annual Revenue:
$175,000 $324,000

Food & Beverage: Convenience Stores


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RE: Local Convenience Store-Price Reduced Broker: Jim Boyd
Owner Financing is Available!
$125,000 down & all cash offers.

Quick Facts

Asking Price: $175,000
Annual Revenue: $324,000
Net Profit: Not Disclosed
Cash Flow: $65,220
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 1961
Employees: 5
BBN Listing #: 12824447
Broker Reference #: 18179 Boyd III

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Business Overview:

Price Just Reduced $65,000. Owner is seriously ready to sell now!.....this is a good money maker. Neighborhood C-Store that has been around over 50 years, on a major road, backs up to the interstate, next door to a night club and right across the street from an adult club. Great traffic from people who live in the neighborhood and work in the local stores and mechanic shop all around. Many regular customers come in several times a day for beer and cigarettes. The late night business from the clubs is just a bonus if a new owner wants to stay open later. There is lots of unused space and a kitchen is there for a deli. BONUS Living quarters already built out if a new owner wants to stay there. Come take a look at this store then make an offer.

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Property Features and Assets:

Great location been there forever. great mix of residential and business customers, lots of room to expand. Across the street from a large adult club, next door to a night club. Very safe area with lots of security from the clubs.

Reason for Selling:

personal

Additional Details:

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

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