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Knoxville, TN

  • Listing No.: 133-20054

  • Category: Retail

Asking Price $125,000
Down Payment
Gross Revenue $801,571
Total Adjusted Net Income $98,358
Equipment / Fixtures $10,000
Year Established 2015
General Location Knoxville, TN
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Location is everything in retail, and this one is tough to beat!  Amazing anchor tenants and in one of the highest traffic shopping centers in Knoxville, TN.  This is a very well known brand that has an amazing following and attracts new clients with its stellar location.  The demographic this store services appreciate the ability to physically see and try product, so they have not seen much of an effect from online retailers.  Seller will train the new owner exactly how to run the business to ensure continued success.  The seller has been operating it from out of state, and it really needs an owner operator to help manage and grow.  Contact us today for more info.

Gross Revenue $801,571 Listed Price $125,000
Total Income $98,358 Down Payment
Base Rent Square Feet 3000
Total Rent Lease Expiration
Rent Deposit Lease Options 2 / 5Year
Inventory Not Included Leasehold Improvements $0
Equipment / Fixtures $10,000 Other Assets
Full-Time Employees 2 Training Period 2 Weeks
Part-Time Employees 5 Special License Required
Contract Staff Reason for Selling Out of state owner

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.

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