Sams Meat Cleaver

Morristown, TN (Hamblen County)

Sams Meat Cleaver

Asking Price:$449,900

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:1978

Sams Meat Cleaver

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Business Description

Well established butcher, grocery, and deli business on almost an acre with 100 feet of street access on two streets. The property can be divided as per the survey and the home used as a professional office. The business could be expanded OR the buildings removed and the land used for some other type of commercial business.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
1
Facilities:
Great commercial property with 100 feet of road frontage on West Andrew Johnson Highway and W. 1st North Street. 1547 W. Andrew Johnson Hwy. is zoned Intermediate Business (IB) and 1549 W. Andrew Johnson Hwy. is zoned Light Industry (LI). Property can be subdivided as per survey - see documents. Sams Meat Cleaver has been in business for almost 40 years. The business features meats professionally butchered to order, deli products, regional food products, and a good lunch crowd for the homemade salads and deli sandwiches. The building is 1240SF and was built in 1978 with 15 parking spaces - plenty of room to expand, if needed. The home is 1100SF and was built in 1962. Many options for this property - continue to operate the business and live in the home; Divide the property; remove the buildings and use the land for another commercial business.
Competition:
Sams Meat Cleaver has many repeat and loyal customers. It is located in a prime commercial location with the highest traffic count in Morristown. It is the only one of its kind in the area and has an excellent reputation. Competition for business is large supermarket chains.
Growth & Expansion:
Potential for growth would be in expanding the grocery and/or the restaurant/deli business. Also, the home could be easily used as a professional office.
Reason for Selling:
Retirement

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Rhonda Krenzer

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Rhonda Krenzer

ReMax Real Estate Ten

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