SG 9829 Tennessee Knoxville Supermarket with Property

Tennessee Knoxville Supermarket 

Business and Property for Sale

(Absentee Owner)

E2/EB5 Visa Qualified

$1,700,000 Plus Inventory for Tennessee Supermarket Business and Property.  Property alone should appraise for $1,500,000.  $180,000 average merchandise sales per month. Profitable Operation. Running absentee, making very good return. Seller has right of first refusal rights in the Knoxville TN area. Two more locations are ready to go with plans as well as government grants. For additional income, buyer can add ATM, lottery, beer license, bill payment, money orders, cigarettes & tobacco as well as other rebates and commissions. Great business opportunity for the right family or an owner-operator. Seller downsizing due to other business involvements. Seller willing to train and monitor buyer during transition period. Confidential Listing. Please “do not disturb employees” and call The Saleh Group at 614-500-8500 for more information and showings or visit us online at www.salehgroup.com.

• SG Number:  SG 9829
• Business Type: Supermarket
• Business Name: SG 9829 Tennessee Knoxville Supermarket with Property
• Listing Price: $1,700,000 Plus Inventory for Business and Property.  
• Down Payment: Negotiable
• Proposed Seller Financing Availability:  Seller to assist with financing
• Inventory Value: $150,000 +/-
• Annual Gross Sales: Over $2,200,000
• Annual Owner Profit: Over $235,000 including manager salary
• Monthly Rent/Mortgage Payment: To be determined
• Seller Competition: Seller to sign a non-compete agreement.
• Year’s Seller has owned/Operated Business: Since 2018
• Owner Qualifications: Experience needed but not required
• Reason for Selling: Downsizing due to other business involvements
• # of Employees/Management: 6 FT 12 PT 1 M
• Hours of Operation: 8:00AM -8:00 PM
• Building Size/Type:12,000 sf Standalone Building
• Training Provided: 2 weeks at no cost to buyer
• State: Tennessee
  
• Country: U.S.A