1. Home
  2. Businesses for Sale
  3. Tennessee
  4. Convenience Store

Business for Sale Summary

Successful Grocery For Sale - 27658

Business Type: delicatessen/catering services,misc. retail/non-classifiable,other food stores,supermarket,best deals!,business with property available,distressed sales!,must sell/drastic price reduction!,seller financing available,convenience store
Successful Grocery For Sale
Get Instant Access to the Business Financial Information

Take Action

This Listing Has Not Been Added to Your Portfolio Add this listing to your portfolio to view confidential financial info
View Financials Free Get the Address Click Here
*Some information is only available to registered members. Please login or register to view confidential information.
This business has received 98 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $25,000 Down Payment $25,000
Gross Revenues $126,000 Lease Remaining Register Free to View
Owner’s Cash Flow $50,400 Number of FT Employees Register Free to View

Financing

$25,000 Down and Open to buyer, guaranteed lease.

Business Description

BUYERS DREAM FOR A CONVENIENCE STORE PURCHASE This convenience store is located on a major arterial road right of the major state Interstate 75 with plenty of traffic driving right past it every day. Its is right down the road to a major auto manufacturer, Martin Marietta Quarry, Airport, internationally renowned golf courses, and Universities. This grocery store has been owned by the seller since 1999 and has established a great relationship with its patrons. However, the seller and his wife run this store and only keep it open from 1 pm to 8 pm daily and closed on Sunday. They are currently earning $9,000 per month with limited store hours and merchandise and making a 30% plus margin on groceries sold. The lottery sales are approximately $27,000 per month with a 6.5% commission. This convenience store is STILL returning a 40% net income to revenue return at its current operation level. This convenience store with its approximate 4,000 square feet floor space is being underutilized and offers the new owner an opportunity to increase revenue with more product offerings, adding a deli, cell phones and repair, and so much more. This convenience store is also located to a 500 unit apartment complex with a scheduled 300 more apartments to be built. A CONVENIENCE STORE BUYER CANNOT GET ANY MORE LUCKY THAN THIS!! ALMOST NO MONEY NEEDED TO OWN YOUR OWN BUSINESS. But wait!! It does get better because the seller is offering the property for sale too. Buyer can negotiate directly with the seller to purchase the property currently being offered at $250,000.00 for the property and building. So the buyer can lease, lease to own, or purchase directly from the seller. DO NOT TAKE LONG BECAUSE THE SELLER IS TAKING ALL OFFERS FOR REVIEW AND CONSIDERATION.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.