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Busy Convenience Store

Memphis, Tennessee (Shelby County)

Retail - Convenience Stores

Asking Price $175,000 Inventory $8,000* 
Gross Income $42,000 Real Estate  
Cash Flow Not Disclosed Year Established 2001
FF&E $20,000* Employees 0

* included in the asking price

** not included in the asking price

Convenience store with beer and cigarettes. The owner has been at this location for 7 years. Gross sales do not include income from check cashing, money orders and accounts receivable. The store is located at the corner of a busy intersection. It is a free standing building close to apartment complex and heavy residential area. Owner was hurt on his other full-time job and can no longer continue to work both jobs.Agents are available 7 days/week. Feel free to call us directly at 901-362-9191.

Facilities: Real property available and included in sales price. Includes land, store, building, 1100sf house and vacant lot. There is an upstairs apartment above the store. There is also the option to buy this business only and lease the property.

Competition: Corner location next to busy apartment complex.

Growth/Expansion: Expansion opportunities include opening a meat department that is not in use, increasing store hours. Current hours are 4-5 days a week from 7-9am and 2-3pm.

Financing: Owner financing available

Support/Training: Seller agrees to train and assist fo 2 weeks.

Reason Selling: Health reasons

AD # 364929

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