Hometown Country Store with well known Deli
Location: Tennessee > Middle TN
Industry: General Merchandise > Other General Merchandise
Financials
Asking Price: $200,000
Gross Revenue: $402,478
Cash Flow: $38,304
Inventory: $32,000 (Included in Asking Price)
FF&E: $70,000 (Included in Asking Price)
Real Estate: $195,000 (Not Included in Asking Price)
Seller Financing: Seller prefers not to finance the sale.
Business Summary
Great Country Store with gas, beer, deli, clothing, groceries, and other convenience store items. Real Estate is available to purchase at $195,000. This is truly a country store in a small town that is located near a fast growing city. This is in a very desirable area very near one of the largest employers in the State of Tennessee and Kentucky. The store has a history of over 50 years in the same locale and has come to be known as THE gathering place for many residents of this community. The deli is a fine asset to the store serving all day with carry-out as well as dine-in capabilities. This listing is a great opportunity for someone to take advantage of and continue its presence and growth within the area.
About the Business
Year Established: 1954
Employees: 3 full time - 1 part time
Facilities: The store is a typical country store structure with some 3000 square feet including a newly constructed 1000 square foot addition. It is located just off of a newly finished 4 lane road and across from a very large employer that is continually expanding. Gas pumps are located in front and there is plenty of convenient parking.
Market Outlook and Competition: This country store will grow in total revenue along with the growing area. More marketing and better product management will also help. The current owners are very much involved with other businesses and do not have the amount of time to focus just on this store.
There are some competitors in the area but they do not have the long time history or the atmosphere of this store. Local residents and travelers know about the reputation and diversified products that bring them back time after time.
About the Sale
Management Training and Support: The Sellers will provide a reasonable transition period immediately after the sale of this business.
Reason For Selling: Other business interests.
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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