E2 Visa Qualified! High Volume Grocery Store and Strip Mall with Property in Maysville, KY!

Grocery Store Sales are currently averaging $150,000 per month at high margins, and Summer Sales reach over $175,000 per month!

Two Additional Tenants on the Property: a liquor store and retail store!

Liquor store operates on a month-to-month lease at a rental rate of $600 per month! Huge opportunity to buy out the liquor store tenant and run the liquor store yourself!

Retail store pays a rental rate of $2,800 per month with 3 years remaining on the lease and a renewal rental increase of 10% to $3,080 per month thereafter!

Grocery store payroll is $8,000 per month with 9 total employees; 3 full-time and 6 part-time.

Net Profit is nearly $50,000 per month after all expenses! If you purchase the grocery store business-only then the Net Profit is nearly $40,000 per month after a rent of $6,200 NNN per month and all other expenses!

Store Information:

One of the current seller’s partners successfully obtained an E2 visa by purchasing this business. Sellers are willing to sign a contract with an E2 visa contingency!
Grocery store does not have a beer/wine license! Huge opportunity for the Buyer to add beer/wine and generate more sales!

Geographic & Demographic Details:

Median household income is $47k!

Nearby restaurant like M's Eatery, El Caminante Mexican Restaurant, Babz Bistro, Chelsea's Pandemonium Restaurant & Bar, Lee's Famous Recipe Chicken, Ortegas Mexican restaurant and buffet.

Nearby hotels like Days Inn by Wyndham, Moon River Bed & Breakfast, Sapps Motel, Beverly Hills Inn, and Brown's Motel.

Nearby colleges and high schools like Maysville Community & Technical College and Mason County High School collectively serving approximately 5,500 students and faculty!

Several city projects are set to begin this Spring and Summer!

1 hour from Cincinnati, OH! 1h 20 min from Lexington, KY!

Asking Price for the Grocery Store Business and Property: $2.9M plus inventory! Lease Purchase for the Property is available for the right down payment and buyer!

Asking Price for the Grocery Store Business Only $549,000 plus inventory! Rent will be $6,200 NNN with a 15-year lease available to the Buyer!

Grocery store inventory is guesstimated to be $150,000 at cost.

Another Shutdown Gas Station with Property is available just 8 minutes from this Grocery Store!
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