Apr 22, 2020 — Motel property and tobacco shop bundle available together! Seller is willing to sell the motel property separately for only $649,000! Seller is NOT interested in selling the tobacco shop by itself.
Tobacco shop is doing nearly $72,000 inside sales per month! High margin store! Lottery Commission is $1,600 per month! Rent is only $1,500 total!
Motel property is generating $200,000 per year in revenue! Seller's family 100% operates the property.
45 mins away from Memphis, TN!
The largest city in the county with a population and trade area of 61,366! Less than a mile away from a community college, as well as tractor and truck dealerships. Less than a mile away from 2 apartment homes totaling 128 units. Mobile home park nearby has 60 mobile homes! US Highway reports strong traffic counts of roughly 20,000 vehicles per day!
Asking Price for both Tobacco Store Business and Motel Property: $899,000 + inventory.
Asking Price for the Motel Property alone: $649,000.
Seller is NOT interested in selling the tobacco shop by itself.
If interested, please email your full name and best contact number
Disclaimer: DealStream has not independently verified any of the information in this post and makes no warranty as to its accuracy or completeness.