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Absentee-Owned Grocery Store with Property in Birmingham!

Listing was updated on: 09/23/2019
Absentee-Owned Grocery Store with Property in Birmingham!

Property Overview

Price/Rent PSF $ 569,000.00
Asset Type Retail
Trade Type Sale
SQ. FT. Available 1
Date Available 09/24/2019
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Description

Monthly inside sales are $60,000 with additional manual car wash rental income of $300 per month! Owner-operator and family can work at store instead of paying employees and generate at least $8,000 per month in income! Hunt Brother’s Pizza is the only pizza place in the area! Has plenty of space to expand the deli! Opportunity to expand hardware inventory since there are no hardware stores within a 12 mile radius. No scratch off phone cards! Seller has had the property for 4 years and cannot manage absentee. Opportunity to do check cashing! Huge Potential for an owner-operator! Walking distance to the police department, churches, and multiple schools! No grocery store/supermarket within a 15 mile radius! Asking Price for Business and Property: $569,000 + Inventory! Seller is willing to lease-purchase for $250,000 down! Inventory is approximately $130,000, which can be clubbed in with the down payment. Seller is motivated to make a deal!

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