Liquor Store and Gas Station

Business Opportunity for Sale
Catylist Listing ID: 30173857
Property Subtypes: Retail Stores
Building Size (RSF): See Agent
Sale Price: $3,500,000
Gross Revenue: $3,000,000 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller
Last Updated: 1/4/2018

Overview / Comments

This sale includes the liquor store, gas station, and real estate. Property is located at the signalized intersection of 4th Avenue and 23rd Street and is easily accessible and visible from I-24. Adjacent businesses include fast food (Burger King) and Family Dollar.

Liquor store has been in business for over ten years and recently expanded into a new facility with great access and parking. Recent laws have allowed liquor stores to sell beer and this location has a large selection of specialty beers as well as cigars, wine, and mixers.

Gas station is under lease to third party until December 31, 2017 and includes four, card reading, non-branded pumps. Fuel storage tanks are plastic, in-ground and fully up to date.

Sale price assumes approximately $500,000 in inventory and additional information can be provided with signed confidentiality agreement and evidence of buyers financial ability to close.

Additional Details

Nearest MSA: Chattanooga
County: Hamilton
Industry Segment: Independent Stores
Value of Inventory Included ($): $500,000
Value of Furniture, Fixtures, and Equipment ($): $0
Real Estate Status: Real Property
Value of Real Estate Included ($): $0

Demographic Statistics

Proximity: 1 mile 3 miles 5 miles
Total Population: 10,573 79,170 149,788
Median Age: 29.17 36.03 36.9
Households: 3,570 31,795 61,860

Contact

Photograph of Listing Agent

John E Jewell

Boehm Hetzler & Jewell GCAR CMLS Member
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