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Sales are currently averaging $75,000 per month! Net profit is over $10,000 per month AFTER paying $8,000 in Payroll, rent, and all other expenses! Owner Operator can take home over $16,000 per month! Rent is $6,112 NNN plus CAM per month with 3 years remaining on the current lease! Rent increases by 3% year-to-year. Landlord is willing to extend the lease for 10 more years!Water and trash services are included in the lease!Store Information:Space is 4,128 sq ft! The only Halal Mediterranean store in the City of Southaven and DeSoto County, offering a turnkey beautiful concept with no direct competition!Brand new, full kitchen with a 12-ft hood, pita oven, shawarma machine, and A LOT of restaurant equipment! All equipment is only 3 years old! Most equipment comes with a 5-year warranty! 4.9 Stars on Google!Two new mosques are opening up just 7 miles away and less than 2 miles away!Business does ZERO advertising! Not listed on any food delivery apps! Major opportunity for growth through delivery!There is space to increase the dining area and add 10 to 15 more tables! There is a large and growing Yemeni community consistently requesting Yemeni products, presenting an untapped opportunity for expansion! Sellers are selling because the operating partner plans to move back to his home country to run the family business.Demographic and Geographic Details:Average Traffic Count of 12,084 vehicles passing by the store each day! Median Household Income is $69k! Population is increasing by 4%!Close to Baptist Memorial Hospital! Huge Opportunity to offer catering services to the hospital, outpatient clinics, and companies nearby! Restaurants like Yakiniku, Olive Garden Italian Restaurant, One & Only BBQ, Naru Japanese Restaurant, El Agave Mexican Restaurants, Juicy Seafood & Bar and Memphis Barbecue Company are all within 5 miles from the store! Zero Mediterranean restaurant competition in the area!Near many hotels like Comfort Inn, Homewood Suites by Hilton, La Quinta Inn & Suites by Wyndham, Drury Inn & Suites, and Holiday Inn.Located only 15 min from the Memphis Airport! Memphis is a Fedex Hub so a lot of airline staff stay at the nearby hotels and visit the grocery store and restaurant to eat. Multiple Amazon warehouses nearby! Near apartment complexes like Savannah Creek, Plum Point Villages, Oak Hollow Apartments, Avalon at Horn Lake, The DeSoto, Southcrest Lake Apartments, Southpark Gardens Apartments and Legacy at Westwind!Nearby schools like Magnolia School, Hope Sullivan Elementary School, Greenbrook Elementary School and Sacred Heart School collectively serve over 2,000 students and faculty.Universities nearby include Northwest Mississippi Community College & University of Mississippi DeSoto campus collectively serve over 34,000 students and faculty!Asking Price for Business only: $349,000 plus inventory! Inventory is guesstimated to be $50,000 at cost. Asking Price reflects JUST the Buildout and Equipment Value!
Inside Sales are currently averaging $100,000 per month at a 35% margin! Sales for May this year were $119,000! June Sales were $108,000! Lottery Commission is $1,500 per month! Air machine and ATM combined commission is $650 per month!Sales are growing month over month for the last 2 years - it is growing steadily since January to May of 2025 even during the Trump administration. Deportations have NOT affected sales! 80% of sales come from the Hispanic groceries and beer. Store has the highest Modelo and Corona sales in town, as reported by beer vendors!This profitable and well-run store has shown consistent year-over-year growth in both revenue and net profit over the past 3 years. It generated $1.1 million in sales last year, with projected sales of $1.2 million for this year. April 2025 Sales were over $116,000! Net profit is over $16,500 per month AFTER paying $8,000 in Payroll and all other expenses!Business includes approximately $70,000 worth of furniture, fixtures, and equipment as part of the sale! Store Information:No direct competition nearby – this is the only Hispanic grocery store in the area!Building area is 2,356 SF!Additional land on the side of the building! Buyer can expand the building to an additional 1,500 sq ft! Potential revenue sources include adding a quick service food kitchen, food truck, or a laundromat!Property was a gas station approximately 10 years ago. Tanks were removed and the Property was cleared by the EPA. Buyer can opt to sign a jobber contract and convert the store to a gas station again! Sellers have had the business for 4 years!Sellers are selling because the operating partner is moving to Texas and the remaining partners do not live close to Gulfport. There is currently a local manager onsite along with 2 part-time employees! All three employees are willing to stay on after the sale!Geographic & Demographic Details:Median Household Income is nearly $64,000!Major residential developments near the store! Hispanic population close by generates significant beer sales!Located near River Oaks Elementary School, Three Rivers Elementary School, Hope Academy, Crossroads Elementary School, and Orange Grove Elementary School collectively serve over 2,000 students and faculty!Nearby colleges like Christian Collegiate Academy, Coastal Medical Training Institute, Mississippi Gulf Coast Community College - AMTC Campus, and The University of Southern Mississippi Gulf Park Campus collectively serve over 20,000 students and faculty!Apartments close by include Three Rivers Landing Apartments, Lifestyle at the Bay, Oxford Point, Southern Pines Apartments, and The Gates at Three Rivers Apartment Homes!20 minutes away from Biloxi, MS! 1 hour from Mobile, AL, and New Orleans, LA! 2 hours 30 minutes from Jackson, MS!Asking Price for Business and Property has been reduced to $999K plus inventory! Inventory is guesstimated at $80,000 at cost.
Absentee-Owned! Store is currently being run by employees only. HUGE opportunity for an Owner-Operator to reduce payroll and take home additional profits!Inside Sales are an average of $65,000 per month! Inside Sales increase to $70,000 during Summer months!Outside Sales are average 18,000 gallons per month with an average margin of 20 cents per gallon for gas and 40 cents for diesel!Rent is only $3,000 per month TOTAL with 8 years remaining on the lease! Seller does not have to pay property insurance nor property tax!Lottery Commission averages $900 per month! ATM commission averages $400 per month!Net Profit is nearly $15,500 per month AFTER paying $4,000 in payroll, $3,000 in rent, and all other expenses!Seller used to do Check Cashing when he ran the store full time and stopped after moving nearly 2 hours away from the store. Factory nearby contributed significantly to Check Cashing Commission! Owner-Operator can bring back Check Cashing!Store & Property Information:NO JOBBER CONTRACT! Remain independent or secure a long term deal!Store is equipped with 2 brand new pumps, new fiberglass line, and new POS system!Store is only open 15 hours a day!Very limited gas stations and food competition nearby! Seller currently does not offer deli or hot and ready food items. Store has space to add a deli! HUGE opportunity to add hot food at high margin sales!Seller has had the business for more than 7 years! Business has been absentee since Seller moved nearly 2 hours away more than 3 years ago.Recently replaced AC unit and walk-in cooler compressor!Store is on a corner lot with two-road access!Geographic & Demographic Details:Median Household Income is $43k, providing a high demand customer base! Nearby K-12 Schools like North Pike Senior High School, North Pike Elementary School, North Pike Upper Elementary School, Higgins Middle School and McComb High School collectively serve over 3,000 students and faculty.Southwest Mississippi Community College is nearby and serves over 1,900 students and faculty!Close proximity to apartment complexes like Shadowwood Estates, Community Park Apartments, Marion Manor Apartments, Pine Terrace Apartments, Timber Ridge Beauty Salon, Delaware Garden Apartments, The North Gate, and Willows and Pineview Apartments1 hour 30 minutes from Baton Rouge, LA! 1 hour 45 minutes from New Orleans, LA! 2 hours 40 minutes from Jackson, MS! Asking Price for Business-Only: $289,000 plus inventory! Inventory is guesstimated to be $70,000 at cost.If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
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VERY LIMITED restaurant options in the area! Huge opportunity to expand the deli and offer hot food at high margins! The building area is 9,108 SF!Previous tenant was a Piggly Wiggly and a Super Dollar.Property includes a walk-in cooler and deli equipment from Piggly Wiggly!Total 8.26 acres included! Property is made up of 3 parcels at 0.72 acres; 1.15 acres; 6.39 acresProperty has frontage along two streets! Buyer can develop the additional land! Potential to rezone the parcels to residential zoning and build townhomes! Geographic & Demographic Details:Median household income is $46k!Nearby schools like Coffeeville Elementary School, Coffeeville High School and Coffeeville School District collectively serve over 900 students and faculty.1 hour 30 min from Memphis, TN! 2 hours from Jackson, MS! 2 hour 45 min from Meridian, MS, Tuscaloosa AL and Vicksburg MS!Asking Price for the Property: $399,000!If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
Inside Sales are currently over $37,000 per month on average!Lottery Commission is $1,000 per month! ATM commission is $275 per month!Net profit is over $4,000 per month AFTER paying $6,000 in Payroll and all other expenses! Huge opportunity for an owner-operator!Seller has owned the property for nearly 6 years! Seller lives 4 hours away and cannot manage.Population is increasing year-to-year!50 min from Jackson, MS and Hattiesburg, MS!Near to 4 schools with more than 1,300 students! Near Magee General Hospital.Walking distance to multiple apartment complexes like East Side Manor Apartments, Azalea Apartments, Magee Apartments, Hillside Apartments, Raleigh Annex Apartments, and Park Place Apartments!Multiple neighborhoods located directly behind the property!Average traffic count of 5,400 vehicles passing by the store each day!Asking Price for Business and Property: $159,000 plus inventory! Inventory is roughly $40k to $45k.If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.
Asking only $749,000 plus inventory!Monthly Inside Sales are $65,000 per month! Gas Sales are 16,000 gallons per month at more than 20 cents average margin!Monthly Net Profit is over $8,000 per month AFTER paying $7,200 in monthly payroll and all other expenses! Seller has not started the lottery yet! Huge Opportunity for an Owner-Operator to take home more than $12,000 per month!No Jobber Contract!1.1 acres of land!Less than 1 and a half hours from Jackson, MS! 2 hours from Memphis, TN! Located near Winona, MS!Zero competition nearby!Asking Price for Business with Property is only $749,000 plus inventory!If interested, please contact us with your full name and best contact numer.
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