Conquest
Phone: 901-399-9962
Outstanding :) Liquor Store, Owner Retiring 309Liq
- Listing Id: 3174
- Broker Name: Sammie Riar
- Category: Convenience Stores
- Asking Price: $295,000.00
- EBITDA: $250,000.00
- Real Estate: $530,000.00
- Cash Flow: $165,000.00
- Inventory: $350,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $1,100,000.00
- FF&E: $50,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Barretville
- State: TN
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
Biggest store in the area. Local American owned business for 23 years. Well established and mostly absentee owner run. The staff is well trained. Gets additional income from Check Cashing and Lottery. Seller started focusing more on lottery middle of 2014, since then the sales have really shot up . Very Safe area. The clientele is diversified. A lot of walk in and drive up business. This is located near Shelby County and Memphis TN. Just Added a Walk in Beer Cooler.Current YTD up by 27% from last year.With this trend I wouldn't be surprised if the sales hit 1.3mil+
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