email this posting to a friend memphis craigslist > business
please flag with care:

miscategorized
prohibited
spam/overpost
best of craigslist
Avoid scams and fraud by dealing locally! Beware any deal involving Western Union, Moneygram, wire transfer, cashier check, money order, shipping, escrow, or any promise of transaction protection/certification/guarantee. More info

Corner Grocery/Convienent store in high traffic area!


Reply to: sale-674258517@craigslist.org
Date: 2008-05-09, 12:30PM CDT


"Business Description: Convenience store with beer and cigarettes. The owner has been at this location for 7 years. Gross sales do not include income from check cashing, money orders and accounts receivables. Owner charges $0.50 per money order and 2% to 3% per check, ($3,500 per month). Corner location at busy intersection, free standing building close to apartment complex and heavy residential area. Owner works full time at Kellogg's and has been there 20+ years and had an accident on the job and cannot work both jobs now. Has meat department equipment but does not operate it. Open 4-5 days a week from about 7-9 am to 2-3 pm. Has lottery; does not have food stamps. Has 2 purchase options. Land, store, building, house 1,100 sq ft behind store and vacant lot plus the business, price $175,000; $100,000 down includes upstairs apartment above the store.

Business only, lease building $800 net maint. 5 years; first and last months rent in advance (downstairs only). $50,000 price $25,000 down; 8% 60 payments $507.50. "
Sales Price $ 175,000
Established: 1958
Reason for sale: Owner has other job
F.F.&E. $ 20,000
Inventory @ cost $ 8,000
Monthly Receipts: 3,500
Down Pymt $ 100,000
Financing available for the ballance or $75,000 cash.












PostingID: 674258517



Copyright © 2008 craigslist, inc.    terms of use    privacy policy    feedback forum