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Profitable C Store For Sale
Business Description
Profitable Convenience Store for sale in Downtown Memphis.
This well-positioned convenience store in downtown Memphis presents an exceptional opportunity for growth-minded owner-operators. Located in the heart of the city with high foot traffic and surrounded by government offices, convention center, Bass Pro Shop, and major hotels including Sheraton and Comfort Inn.
Business Overview:
- Established: 2023
- Monthly Inside Sales: $30,000
- Building: 3,000 sq ft leased space
- Lease Rate: $4,000/month
- Current Operation: Absentee owner managed
Key Strengths:
- Prime downtown location with no nearby competition
- High foot traffic from surrounding businesses and attractions
- Fully operational with established customer base
- Strong foundation already in place for scaling
- Convenient access to major Memphis attractions and business centers
Growth Potential:
Significant expansion opportunities include adding deli/hot food programs, check cashing services, souvenir/gift shop, phone repair services, and vape/smoke shop expansion. New ownership has realistic potential to grow monthly sales substantially.
Financial Details:
- Asking Price: $60,000
- Inventory: $30,000 (included in asking price)
- Seller Financing: Available with $10,000 note for qualified buyers
- Owner Support: 2 weeks post-sale training
Reason for Sale: Owner has full-time government position and seeks to focus on primary career.
This turnkey operation offers immediate cash flow with substantial upside potential in Memphis's bustling downtown corridor.
This well-positioned convenience store in downtown Memphis presents an exceptional opportunity for growth-minded owner-operators. Located in the heart of the city with high foot traffic and surrounded by government offices, convention center, Bass Pro Shop, and major hotels including Sheraton and Comfort Inn.
Business Overview:
- Established: 2023
- Monthly Inside Sales: $30,000
- Building: 3,000 sq ft leased space
- Lease Rate: $4,000/month
- Current Operation: Absentee owner managed
Key Strengths:
- Prime downtown location with no nearby competition
- High foot traffic from surrounding businesses and attractions
- Fully operational with established customer base
- Strong foundation already in place for scaling
- Convenient access to major Memphis attractions and business centers
Growth Potential:
Significant expansion opportunities include adding deli/hot food programs, check cashing services, souvenir/gift shop, phone repair services, and vape/smoke shop expansion. New ownership has realistic potential to grow monthly sales substantially.
Financial Details:
- Asking Price: $60,000
- Inventory: $30,000 (included in asking price)
- Seller Financing: Available with $10,000 note for qualified buyers
- Owner Support: 2 weeks post-sale training
Reason for Sale: Owner has full-time government position and seeks to focus on primary career.
This turnkey operation offers immediate cash flow with substantial upside potential in Memphis's bustling downtown corridor.
About the Business
- Years in Operation
- 3
- Employees
- 2 Part-time
- Facilities & Assets
- COOLER, FREEZER, GONDOLA SHELVING, DISPLAYS AND MORE
- Market Outlook / Competition
- No Nearby Competition. A well-positioned convenience store in the heart of Downtown Memphis is now available for sale. The store is fully operational and already generating approximately $30,000 in monthly inside sales, with a clear and realistic potential to grow to $65,000+ per month in the near future. Surrounded by Govt Offices, Convention Center, Bass Pro shop, Sheraton, Comfort Inn and so on
A strong foundation has already been laid, making this an excellent opportunity for an owner-operator or investor looking to scale quickly. - Opportunities for Growth
- Major Growth Opportunities
New ownership can significantly increase revenue by adding:
Deli / Hot Food Program
Check Cashing or Financial Services
Souvenir / Gift Store
Phone Repair & Accessories
Vape, smoke shop expansion, or similar complementary business
Real Estate
- Owned or Leased
- Leased
- Building Sq. Ft.
- 3,000
- Rent
- $4,000.00 per month
About the Sale
- Seller Motivation
- OWNER HAS FULL TIME GOVT JOB.
- Transition Support
- 2 WEEKS
- Financing Options
- Can carry a note of $10k for Qualified Buyers.
Listing Info
- ID
- 2470940
- Listing Views
- 157
Business Location
Listing ID: 2470940 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. See our full Terms of Use. Learn how to avoid scams.













