Inside Sales $70,000! Convenience Store in Union City, TN!

Union City, TN (Obion County)

Seller Financing Available
Inside Sales $70,000! Convenience Store in Union City, TN!
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Asking Price: $649,000

Cash Flow: $118,000

Gross Revenue: $840,000

EBITDA: N/A

FF&E: N/A

Inventory: N/A

Real Estate: N/A

Established: N/A

Inside Sales $70,000! Convenience Store in Union City, TN!

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Business Description

Inside Sales currently at $70,000! Store sales will increase at least another $10,000 as the town becomes increasingly aware of the store's presence! Lottery commission is $1,500! Seller is paying $9,000 in payroll because he is running it absentee for the most part. Even after paying $9,000 in payroll, the business has a net profit of nearly $10,000 per month! An owner-operator can greatly reduce the payroll expense and net much more!

This is a Convenience Store only! No Gas!

Asking price is $159,000 plus inventory. Lease terms are $4,000 NNN rent per month with a 15-year lease available! If you don’t want to pay rent and buy the property, then the asking price for Property and Business is $649,000 plus inventory.

Standalone Building with completely renovated space! Just opened a month ago! Includes a Deli with a Vent-A-Hood and a Drive-Through! Beer Cave Included as well! ALL NEW EQUIPMENT!

The Convenience Store is walking distance from the high school and middle school. The store is also directly down the street from the Tyson Factory of 1,000 employees and adding 500 more.That is the closest store to the Factory! Another factory owned by Williams Sausage just opened recently adding 400 employed workers! Other factories include Greenfield, Titan Tires, Kohler, and MVP Candle.

The store does not do check-cashing as yet but an owner operator can do that and easily attract Factory employees! The Convenience Store is also situated on a 4-lane highway with the most traffic. Heavily Residential area with minimal crime!

Seller owns the lot next to the gas station and is willing to sell it for an additional $125,000. He intended to open storage units as there is a huge demand for large 2-car garage size storage units in the area.

If interested, please email info@riverbrokers.com with your full name and best contact number to reach you.

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
N/A
Facilities:
Standalone Building with completely renovated space! Just opened a month ago! Includes a Deli with a Vent-A-Hood and a Drive-Through! Beer Cave Included as well! ALL NEW EQUIPMENT!
Competition:
The Convenience Store is walking distance from the high school and middle school. The store is also directly down the street from the Tyson Factory of 1,000 employees and adding 500 more.That is the closest store to the Factory! Another factory owned by Williams Sausage just opened recently adding 400 employed workers! Other factories include Greenfield, Titan Tires, Kohler, and MVP Candle.
Growth & Expansion:
The store does not do check-cashing as yet but an owner operator can do that and easily attract Factory employees! The Convenience Store is also situated on a 4-lane highway with the most traffic. Heavily Residential area with minimal crime! Seller owns the lot next to the gas station and is willing to sell it for an additional $125,000. He intended to open storage units as there is a huge demand for large 2-car garage size storage units in the area.
Financing:
Inventory financing available for the right buyer!
Support & Training:
Seller is willing to provide training!
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Kavita Purohit

Business Listed By:
Kavita Purohit

River Brokers Real Estate

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