The Wright Spirits
Business Opportunity
for Sale
Also listed as Retail-Commercial
Catylist Listing ID: |
30654528 |
Property Subtypes: |
Food and Beverage
|
Building Size (RSF): |
1,500 SF
|
Sale Price: |
$450,000 |
In Opportunity Zone? |
Yes |
Name of Establishment: |
The Wright Spirits |
Year Business Established: |
2014 |
Gross Revenue: |
$1,000,000 (Annual) |
Cash Flow: |
$86,484 (Annual) |
Relocatable Business: |
Yes |
Sale Terms: |
Cash to Seller |
Last Updated: |
3/4/2021 |
Overview / Comments
The business is located on a main thoroughfare and just off of I-40 at Exit 350. Traffic generators in the area include Walgreens (almost next door), Kroger/Lowes Center and other retail establishments plus Roane Medical Center.
Built in 1973 and zoned C-2.
|
Additional Details
Nearest MSA: |
Knoxville |
County: |
Roane |
Industry Segment: |
Liquor Stores |
Reason for Selling: |
Retiring |
Value of Inventory Included ($): |
$0 |
Value of Furniture, Fixtures, and Equipment ($): |
$7,500 |
Real Estate Status: |
Leased |
Value of Real Estate Included ($): |
$0 |
Real Estate Lease Description: |
See Listing Agent |
Employee/Labor Description: |
3 Part-time |
Mgmt/Training Support Description: |
For 2 weeks after closing |
Seller Financing Description: |
None |
Demographic Statistics
Proximity: |
3 miles |
5 miles |
Total Population: |
12,986 |
21,705 |
Median Age: |
43.65 |
43.9 |
Households: |
5,559 |
9,133 |
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