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Profitable Convenience Store-Priced Correctly-SBA Preapproved

Nashville, Tennessee (Davidson County)

Retail - Convenience Stores | Retail - Other Food Stores

Asking Price $350,000 Inventory $30,000* 
Gross Income $1,770,000 Real Estate  
Cash Flow $132,000 Year Established 1961
FF&E $30,000* Employees 4

* included in the asking price

** not included in the asking price

Please Note: This business is priced correctly. This is one of the best Full Line Daily Conveniences Store in the city and is Very Profitable. The tax returns show sales growing every year. 2008 will be the best sales year ever. The lottery sales are $492,965 ($9,480 a week). This great business does inside sales of $1,770,070 and has been a solid established Convenience Store for over 47 years in the same location. It generates cash of $132,436. This excellent business which sells, groceries, beer, milk, flour, snacks, deli sandwiches, soft drinks, stamps, lottery tickets, money orders, etc. is one of the highest cigarette retail sales businesses in Davidson County. This business has over 400 customers per day with up to 800 some days. Please note the clientele are people who work in the area.

Facilities: Facility: The store occupies a 4,000 square foot building located on .6 acres with Substantial off street parking. The rent is $1,500 per month. Equipment: The seller has upgraded the air compressors on the Beer Cooler, Dairy Cooler and Air Conditioner. All compressors have a five (5) year Service warranties.

Competition: The business clientele are people who work in this industrial area. The business averages over 400 transactions per day and 800 some this great business opened in 1961 and is approved for a (SBA) Small Business Administration loan: 25% down payment and monthly payment of $3,735 @ 7.00 %). It sells an average of 1354 lottery tickets daily.

Growth/Expansion: 2008 is the best sales year ever. The sales have grown every year since 2004. This is an excellant business and it is priced correctly. Note: Hours 6am to 1am.

Support/Training: The market has been in business since 1961. You will not beleive the business it does. All day the customers are in line at the register.

Reason Selling: The owner will implement his retirement plan.

AD # 396561

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