Shutdown C-store with Property near Palmer,TN
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!
Financials (USD)
Asking Price $449,000
Cash Flow Not Disclosed
Sales Not Disclosed
Deal Terms
Represented by broker? Yes
Buyer Fee? Available On Request
Seller Financing? Available On Request
Willing to co-broke? Available On Request
Principals only? Available On Request
Franchise? Available On Request
Management will stay? Available On Request
Relocatable? Available On Request
Real Estate? Available On Request
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