Tobacco Shop Business and Motel Property Bundle TN

Covington, TN
Tipton County

Tobacco Shop Business and Motel Property Bundle TN


Asking Price: Annual Revenue:
$899,000 Not Disclosed

Services: Hotel, Motel, Lodging


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RE: Tobacco Shop Business and Motel Property Bundle TN Broker: Kavita Purohit

Quick Facts

Asking Price: $899,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
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 #: 644833274
Broker Reference #: Not Disclosed

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Business Overview:

Motel property and tobacco shop bundle available together! Seller is willing to sell the motel property separately for only $649,000! Seller is NOT interested in selling the tobacco shop by itself.

Tobacco shop is doing nearly $72,000 inside sales per month! High margin store! Lottery Commission is $1,600 per month! Rent is only $1,500 total!

Motel property is generating $200,000 per year in revenue! Seller's family 100% operates the property.

45 mins away from Memphis, TN!

The largest city in the county with a population and trade area of 61,366! Less than a mile away from a community college, as well as tractor and truck dealerships. Less than a mile away from 2 apartment homes totaling 128 units. Mobile home park nearby has 60 mobile homes! US Highway reports strong traffic counts of roughly 20,000 vehicles per day!

Asking Price for both Tobacco Store Business and Motel Property: $899,000 + inventory.

Asking Price for the Motel Property alone: $649,000.

Seller is NOT interested in selling the tobacco shop by itself.

After visiting the business, please contact us anytime to discuss or make an offer. Please use email reply button of this ad to contact 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.

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