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: $325,000
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: 6/15/2021

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

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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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