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- LoopNet Team
11840 Highway 641 S
Springville, TN 38256
Absentee Gas Station with Property · Retail Property For Sale
Investment Highlights
- Seller only works at the store 2 days per week for 14 hours total! Huge Opportunity for an Owner-Operator!
- No Jobber Contract!
- Deli Equipment is brand new! Inside Store Equipment is all renovated or new!
PROPERTY FACTS
- Service Station
- General Retail Convenience Store
- General Retail Storefront
About 11840 Highway 641 S , Springville, TN 38256
Seller only works at the store 2 days per week for 14 hours total! Huge Opportunity for an Owner-Operator! Deli Equipment is brand new! Inside Store Equipment is all renovated or new! No Jobber Contract! Inside Sales are currently an average of $40,000 per month and increasing each month! Seller renovated the gas pumps to EMV compliant in March of this year and Sales for May were $50,000 Inside Sales! Seller is willing to do a lease purchase for 30% down plus inventory upfront, a 20 year amortization with 7% interest rate and a pay off in five years! ATM commission is $300 per month! Lottery plus coin pusher Commission is $1,100 per month! Property is 0.25 acres. Less than 2 hours from Nashville, TN! Less than 20 min from Paris, TN! Less than 10 miles from manufacturing plants like PML with over 171 employees, Scepter with over 200 employees, Arnold's Fabricating and Machine Inc, Roll Tooling Specialists, and American International. Average traffic count of 4,710 vehicles passing by the store each day! Asking Price for Business and Property: $599,000 plus inventory! Seller is willing to sell the business-only for only $99,000 plus inventory! The rent will be $3,500 NNN per month with a 15-year lease available for the buyer! If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
PROPERTY TAXES
Parcel Number | 152-017.00 | Improvements Assessment | $27,160 |
Land Assessment | $4,840 | Total Assessment | $32,000 |
PROPERTY TAXES
Listing ID: 28657353
Date on Market: 2023-06-05
Last Updated:
Address: 11840 Highway 641 S, Springville, TN 38256