Convenience Store-New Price

Chucky, TN (Greene County)

Convenience Store-New Price

Asking Price:$350,000

Cash Flow:$52,500

Gross Revenue:$980,000




Real Estate:$225,000


Convenience Store-New Price

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Business Description

If you are an active acquirer of convenience stores or simply seeking a safe, fairly priced business that will support a family at a good lifestyle level without a lot of risk, this business is one you need to check out. This property and business are neatly packaged as one investment or business can be purchased separately. It is hard to find this combination of revenue generating uses situated in a great community with the mountains as a backdrop.

Non-disclosure and confidentiality agreement required before any information can be provided in order to protect the sellers.

Attached Documents

Detailed Information

Included in asking price
Real Estate:
Included in asking price
Building SF:
5 FT, 3 PT
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
C-Store building is 3,000 square feet constructed in 1983. Well maintained and very functional. Fuel pumps, tanks, canopy, and new digital roadside sign are new and owned by fuel supplier (major brand). Store does strong deli and hot foods business along with popular branded take-out pizza. Store has lottery. Lease for store is $1,750 per month, net/net/net. Extra bonus available with this deal is purchase of separate building with income producing restaurant tenant and large three bedroom, two bath apartment that new owner/operator family could use for an indefinite period of time and convert back to rental unit. The real estate is priced separately at $250,000 with seller financing terms available to qualified buyer. Requires 20% down payment. Monthly gross rent from store, restaurant, and apartment is $3000. Four pay at pump units each dispensing regular, mid-grade, and non-ethanol fuel. Separate above ground tanks and pumps dispense kerosene and diesel.
Good highway location and reputation in local community drive this business. Limited competition in immediate area. Business has license agreement with Hunt Brothers Pizza; pizza sales are strong and contribute to good deli performance. Deli business is up 20% year over year and growing. Business is currently running ahead of prior year monthly sales in many departments. Lottery tickets sales have been growing bringing in addition traffic.
Growth & Expansion:
General market area will continue to grow as new homes are built. Current year sales compared to last year have grown in departments that have the best margins. Inside sales average $45,000 to $50,000 per month.
Support & Training:
Will assist with transition as necessary. Current staff is well trained and experienced to insure smooth operation.
Reason for Selling:
A little too far away for owner to manage.

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Ramon Sanchez-Vinas

Business Listed By:
Ramon Sanchez-Vinas

ValueSource Business Advisors, Inc.

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