Price Reduced! Bar & C-Store with Property $12K Monthly Lotto Comm at TN-AL Border! $29K Monthly Net Profit!!
RetailFor Sale in Loretto, TN
Financial & Assets Details
About the Business
Business Description
Please do not speak to employees because they are unaware the store is for sale!
Lease-Purchase Available for the Property for only $399,000 + inventory!
Seller's Net Profit is over $29,000 per month after paying $10,000 in monthly Payroll! After paying a $399,000 down payment, Buyer's Net Profit after Mortgage will still be nearly $349,000 per year!
Huge Lottery Commission at $12,000 per month! Store is located at the border of Alabama and Tennessee on the Tennessee-side and all the Alabama customers travel to Tennesee to play lottery!
Restaurant/Bar sales are $36,000 monthly! C-Store sales are $31,000 monthly with high margins! Lottery commission is $12,000 per month! Quarter Machine Commission is $1,300 per month!
Building is Newly Built!
30 mins from Florence, AL & Lawrenceburg, TN! 1 and a half hours from Huntsville, AL! Less than 2 hours from Nashville, TN!
No Competition!
Asking Price for the Business and Property is $975,000 + Inventory! Inventory is approximately $40,000 at cost.
The Seller is willing to lease purchase the property for $399,000 + inventory down.
If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com