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Tennessee Memphis Cordova Halal Mediterranean Supermarket And Fast-food For Sale

Shelby County, Tennessee, US
Asking Price:
$250,000
Sales Revenue:
$1,500,000
Cash Flow:
$280,000

$250,000 Plus Inventory for the Tennessee Memphis Cordova Halal Mediterranean Supermarket and Fast Food Business Only.  $120,000 to $130,000 average monthly merchandise sales, with higher margins from meat and hot food sales offered to customers.  Fully equipped kitchen with hood.  Great opportunity to acquire a highly profitable, well-established supermarket.  The store is well known for its quality and customer service and has been serving the local community for over 30 years.  The store also includes a butcher shop and a fully equipped kitchen for prepared food,the business has a great Selection of Mediterranean groceries as well as local meat offerings of lamb, beef, goat and chicken.  The store has well-trained staff and can be run absentee with a manager in place.  Located in a dense, affluent, residential, reputable, mixed area.  Lots of traffic, Condos, and Rooftops.  Great opportunity for the right owner-operator or a family.  Large 3000 sq. ft. store with room for additional profit centers. 

Property Information

Real Estate:

Lease

Leasehold Rent:

$67,200 per annum

Premises Details:

3000 sq. ft. in a shopping center

Size in square feet:
3,000

Business Operation

Reasons for selling:

Seller Downsizing and retiring

Other Information

Support & training:

2 weeks at no cost to the buyer

Inventory / Stock value:
$75,000