High Volumn Convenience Store

Jackson, TN (Madison County)

High Volumn Convenience Store
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Asking Price: $4,150,000

Cash Flow: $400,000

Gross Revenue: $5,600,000

EBITDA: $340,000

FF&E: N/A

Inventory: $125,000*

Real Estate: $1,750,000

Established: 2010

*not included in asking price.

High Volumn Convenience Store

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Business Description

UNIQUE OPPORTUNITY HIGH VOLUME AND NO PLACE FOR A COMPETITOR

NO PHONE CALLS PLEASE! This store is on track to do $1,700,000 to $1,800,000 inside sales this year with a 23% average margin inside including lottery. It is also on track to sell at least 1,600,000 gallons of fuel with an average margin this year of 10.9%. There is no other convenience store competition in this now fully developed and very busy shopping area (The Columns) and now there never will be as The Columns became fully developed this year with the opening of a new super modern movie theatre and a Lone Star steakhouse restaurant. The building is spit face block. The parking lot is 6" to 8" concrete with rebar reinforcement and is in perfect shape still to this day. There are 16 pumping stations. This Shell branded store does a high volume of Kroger Card users.

Detailed Information

Location:
Jackson, TN
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,500
Employees:
8
Facilities:
3,500 sq ft building +/-. Underground irrigation. Zoysia grass. Split face block building. Price includes the land, building and business.
Competition:
There is no competition in The Columns. The Columns is the busiest shopping area in Jackson, Tennessee. The store sits in front of Best Buy, Hobby Lobby and Home Depot. Across the street is Dick's Sporting Goods, Khols, Bed Bath and Beyond Books a Million and many more. Three hotels including a Hilton Garden Inn are in walking distance. Carmax and Toyota have large dealerships just down the road. Just beyond Toyota is Gander Mountain and a large modern movie theatre that opened in the spring of 2019.
Support & Training:
Negotiable.
Reason for Selling:
To move on to something else.
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Business Listed By:
Richard Arnold

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