Detail

update dateDecember 12, 2022 publish DateDecember 12, 2022 Total views 54
  • Type: Convenience Store
  • Inside Sale/Month: $43,000
  • Sells alcohol: Yes
  • Status: Active
  • Listing ID:7747
  • Financing: Bank Financing
  • Real State Included: Yes
  • Bulding status: Existing
    • Description

      Lease Purchase Available for the Right Buyer!

      There is a manufacturing factory with over 650 employees that is 1 minute from the store! The factory was recently bought out by Black & Decker. They intend to expand the factory substantially and increase employment in the area. Sales are currently down because the factory is temporarily under renovation. Projected completion is March 2023. Sales should increase back up to at least $60,000 per month!

      Inside Sales are currently $43,000 per month! Uhaul commission is average $1,800 per month! ATM commission is $750 per month! Lottery Commission is $2,500 per month!

      Seller makes $6,000 in high margin deli sales! Deli is closed on Sundays!

      Net profit is over $8,500 per month AFTER paying $5,100 in Payroll and all other expenses!

      Store does not do EBT sales but there is a huge opportunity to generate EBT sales!

      2 hrs 30 mins from Nashville, TN! 2 hrs from Memphis, TN!

      Average traffic count of 4,900 vehicles passing by the store each day! 1 min from a school with over 800 students!

      Asking Price for Business and Property is $699,000 + inventory! Lease Purchase Available for the Right Buyer!

      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

      Highlights

      .Lease Purchase Available for the Right Buyer!
      .Lease Purchase Available for the Right Buyer!
      .Inside Sales are currently $43,000 per month! Uhaul commission is average $1,800 per month! ATM commission is $750 per month! Lottery Commission is $2,500 per month!

      Financial Details

        AnnualPer SF
        Gross rental income: $516,000 $Infinity
        Other Income:
        Operating Expenses:
        Property Taxes:
        Total Expenses:
        Net Operating Income: