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10% Down Bank-Financing! Beautiful Shutdown C-store near Chattanooga

Gruetli Laager, TN (Grundy County)

10% Down Bank-Financing! Beautiful Shutdown C-store near Chattanooga
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Asking Price: $299,000

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10% Down Bank-Financing! Beautiful Shutdown C-store near Chattanooga

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Business Description

Bank willing to finance for 10% down! Only need approximately $35,000 to secure the property!

1 acre of land with a 3,600 sq ft building located in Palmer, TN about 50 mins from Chattanooga, TN!

Only store in the immediate area with a beer license! All other stores in the immediate area are located too close to churches to be able to sell beer! Huge advantage over the competition!

Store has a fryer, big stove, 6-foot hood, 2 pizza ovens, and 3 deep freezers! Brand new 8-door walkin cooler! Interior is clean with substantial parking space!

Seller is too far away to manage the store. Store shutdown last August 2019, because tenant did not have proper working capital or retail experience to run the store. He was originally doing $30,000 per month without any lottery! Buyer can get a lottery license and substantially increase sales!

If interested in converting to a gas station, one jobber is interested in putting the pumps and canopy. Buyer will need to pay $150,000 to $200,000 for the underground storage tank purchase and installation.

Asking Price for Property only $299,000! Bank willing to finance for 10% down or approximately $35,000 including closing costs!

If interested, call us anytime at (770) 415-9940.

Detailed Information

Location:
Gruetli Laager, TN
Facilities:
Store has a fryer, big stove, 6-foot hood, 2 pizza ovens, and 3 deep freezers! Brand new 8-door walkin cooler! Interior is clean with substantial parking space!
Competition:
Only store in the immediate area with a beer license! All other stores in the immediate area are located too close to churches to be able to sell beer! Huge advantage over the competition!
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Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

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