High Volume Halal Mediterranean Grocery Store Business-only in Southaven, MS near Memphis, TN!!
Net profit is over $10,000 per month AFTER paying $8,000 in Payroll, rent, and all other expenses! Owner Operator can take home over $16,000 per month!
Rent is $6,112 NNN plus CAM per month with 3 years remaining on the current lease! Rent increases by 3% year-to-year. Landlord is willing to extend the lease for 10 more years!
The only Halal Mediterranean store in the City of Southaven and DeSoto County, offering a turnkey beautiful concept with no direct competition!
Close to Baptist Memorial Hospital! Huge Opportunity to offer catering services to the hospital, outpatient clinics, and companies nearby!
Restaurants like Yakiniku, Olive Garden Italian Restaurant, One & Only BBQ, Naru Japanese Restaurant, El Agave Mexican Restaurants, Juicy Seafood & Bar and Memphis Barbecue Company are all within 5 miles from the store! Zero Mediterranean restaurant competition in the area!
Near many hotels like Comfort Inn, Homewood Suites by Hilton, La Quinta Inn & Suites by Wyndham, Drury Inn & Suites, and Holiday Inn.
Near apartment complexes like Savannah Creek, Plum Point Villages, Oak Hollow Apartments, Avalon at Horn Lake, The DeSoto, Southcrest Lake Apartments, Southpark Gardens Apartments and Legacy at Westwind!
Nearby schools like Magnolia School, Hope Sullivan Elementary School, Greenbrook Elementary School and Sacred Heart School collectively serve over 2,000 students and faculty.
Universities nearby include Northwest Mississippi Community College & University of Mississippi DeSoto campus collectively serve over 34,000 students and faculty!
Asking Price for Business only: $349,000 plus inventory! Inventory is guesstimated to be $50,000 at cost.
If interested, please call or text us anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com
