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C - Store With 2+ Acres Of Land On Busy Street
Location Mississippi,United States
Asking Price Range < $250K
Gross Revenues $288000
Net Profit / Cash Flow $0
Cash Flow Type Sellers Discretionary Cash
Seller Finance No
Year Established 1970
Number of Employees 1 - 3
Inventory 55000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training Yes
Reason for Sale Moving
Description This profitable, well-established C-store with 2+ acres of land sits on the corner of the highly trafficked street and a side street. It is a popular spot for people throughout the surrounding neighborhood to purchase beer, cigarettes, cold cuts and snacks, as well as for those driving to and from the I220 North via Capitol Street.
The acreage sits on a great signaled corner location with entrance and exit from three streets, including a major street (Capitol Street) in West Jackson, MS. With the addition of gas, new owner could take full advantage of this rare opportunity to purchase land with street access on 3 sides in this highly trafficked area.
The store is a multi-pronged opportunity, offering multiple avenues for revenue and profit. A new restaurant and laundry recently opened up next door. The current owner is moving and has made substantial investments in new equipment, including:
- New 9 door walk-in cooler
- New 5 Ton A/C Unit
- New security system with 14 cameras
- New ice machine
- New Computer
Additional FF&E includes:
- 2 deli boxes approximately 7x3
- In-ground safe
- Large steel cabinet approximately 8x4
- Bullet proof enclosure
- 2 freezer boxes
Sale includes all of the above, plus all existing inventory, the building, and 2+ acres and all existing fixtures and equipment. Nearest competitors are independent gas stations within 1/4- 1/2 mile in 3 directions. Current owner is willing to stay for training for 30 days and will remain on call for another 90 days.
COMPANY INFORMATION
Year Established: 1970 or Earlier
Number of Employees: 1 PT
Willing to Train: Yes
FINANCIAL INFORMATION
Asking Price: $290,700
Gross Revenue: $120,000
Cash Flow: ON REQUEST
FF&E : ON REQUEST
Inventory : ON REQUEST
Real Estate : $247,500 (Included in asking price)
Seller Financing Available: NO/Possible for well-qualified buyer
Monthly Payroll: ON REQUEST
Click Here To Contact Seller
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