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Shutdown C-store And Kitchen With Property In Palmer For Sale

Palmer, Tennessee, US
Asking Price:
$449,000
Sales Revenue:
$100K - $250K
Cash Flow:
Under $50K

Business shutdown in April 2024 because of an inexperienced tenant.

Store has a fryer, big stove, 6-foot hood, 2 pizza ovens, and 3 deep freezers! Interior is clean with substantial parking space!

There is no laundromat currently operating in the area, presenting a potential opportunity to satisfy a substantial demand!

The kitchen is equipped with a hood! Huge opportunity to sell hot food at high margins!

Geographic and Demographic Information:

Building area is 4,740 Sq Ft. Property is 1.10 acres!

Local population is growing by nearly 3% annually! Median household income is $44k!

Located in Palmer, TN, just 50 minutes from Chattanooga, TN! 1h 20 min from Murfreesboro, TN! Less than 2 hours from Franklin, TN!

Minimal food options in the area! Only two restaurants in the area: The Southern Oven and Brown's Dairy Bar.

Close proximity to Gruetli-Laager Public Schools, Palmer Elementary, and Swiss Memorial Elementary collectively serve over 900 students and staff.

5 minutes away from Gruetli-Laager Recreation Park.

Asking Price for Property is only $449,000!

Property Information

Real Estate:

Real Property Included

Location:

Palmer, TN