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Meridian, MS Businesses For Sale

2 Meridian, MS Businesses For Sale Found.

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Multi-Use Climate Controlled Self Storage for sale in Meridian, MS
Multi-Use Climate Controlled Self Storage for sale in Meridian, MS

Meridian, MS

This is a multifaceted business which derives income from self-storage rental space, vendor booth rental space and from a percentage of vendor retail sales and administrative fees. Originally founded in 1960, this business remodeled to adapt to the marketplace trend as a multi-use facility in 2011. The facility was completely rented up within 6 months of opening and has maintained 100% occupancy to the present. A+ Self Storage draws tenants from a waiting list and walk-ins whenever units come available. The Atrium Mini Mall draws new vendors from a substantial 8-10 month waiting list of over 100 possible vendors. Self- Storage rental rates run from $1.10 to $1.15 per square foot. Atrium Mini Mall rental rates run from $1.15 to $1.25. The business takes a 10% commission on all retail sales. The self-storage market draws tenants from the city of Meridian as well as Lauderdale County and surrounding counties. The Mini Mall draws vendors and customers from a wider range of market sectors. Vendors come from surrounding cities and shoppers are local as well as from out of town. North Meridian, greater Meridian/Lauderdale County area as well and east Mississippi and west Alabama encompass the bulk of the area served. The business uses TV, newspaper and social media to market the Mini Mall as well as storage. Vendors draw their own customers and push their products using social media. Vendors control their inventory and displays. The business doesn’t own any inventory Summer hours are Mon. through Sat. from 10:00am to 5:30pm. Winter hours are Mon. through Sat. from 10:00am to 5:30pm and Sunday from 1pm to 5pm. There are 2 part-time employees who operate all aspects of the business from open to close. One part-time owner shares 1/3 the work schedule. The business can be grown in a number of ways, increase rental rates on storage units, increase rental rates on vendor booths and increase commissions on retail sales. Employ a more aggressive social media presence and encourage vendors to use social media. The business has experienced exponential growth since its inception 2011, doubling and tripling its profits. It has maintained a 100% rental occupancy in storage spaces as well as mini mall spaces. It has also experienced increased retail sales.

Metro Jackson Convenience Store with Gas Services
$450,000 Cash Flow: $50,000 Seller Financing
Metro Jackson Convenience Store with Gas Services

Jackson, MS

This is a very nice convenience store located in between Jackson and Meridian on a busy 4 lane highway. The business is found just a half mile from Interstate I20 and is a popular destination for locals and travelers to grab a quick fried chicken lunch or a deli sandwich to go, or to or sit down in the restaurant to enjoy a plate of ribs or buffet meal. The store sells beer, cigarettes, snacks, and scratch-off tickets. The business is very close to a busy Walmart. A weekly cattle auction is held nearby. A car wash and auto sales and repair shop are next door. The business sits across the street from a KFC restaurant and major wireless phone retailer. The seller has just added 8 new gas pumps and 2 diesel pumps but has not started selling gas. A motivated buyer will certainly take advantage of this opportunity to add gas and diesel sales to the store’s product mix. The buyer has the opportunity to lease the auto repair shop or hire a mechanic to run it. The attached apartment could be occupied by the buyer, leased, or provided to the store manager. The seller owns other businesses and is forced to divest of the store because of the demands of too many businesses at once. The seller is motivated and is open to substantive offers. Seller will train the new owner on this very easy to own and operate business. This convenience store has plenty of potential for a new motivated owner. Come see this business for sale, meet the owner, make an offer!