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Business for Sale

C-Store for Sale in Knox County ,TN
Knox County, TN

Listing #26759

   
Financial Information (non-confidential)
Asking Price $199,000.00 Gross Revenues $351,302.00
Down Payment $199,000.00 Owner’s Cash Flow $98,617.00

Financing: $199,000.00 Down and Real Estate available directly from Seller for $150k

Reason for Selling:Retirement

If you are looking for a solid c-store with continuous foot traffic, then please contact us for more information. The owner built this business over 18 years ago, and is now selling it to retire and spend more time with his family. His accountant has already indicated that sales are up this year. His tax return reflects the financials provided on this listing. The majority of the customers are foot traffic from neighboring organizations. This location does 60% beer, 20% cigarettes and 20% grocery sales. Food stamps account for 25% of sales. There are numerous ways to increase revenue, such as expanding the hours of operation, and adding wine, deli, drive-thru window, check cashing, money orders and phone cards. You can also add vendor contracts to increase rebates. The real estate is available, directly from the seller, for $150k. For more information, please contact the broker at 877-735-5224. kg
Marie Goldstein
Senior Business Broker
1-877-735-5224
mgoldstein@vestedbb.com
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Marie Goldstein

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

1(877) 735-5224 | 50 Karl Ave Smithtown, NY 11787 | vestedbb.com