Recently Shutdown Grocery Store with Property in Calvert City, KY!
Recently Shutdown Grocery Store with Property in Calvert City, KY!
Price: $799,000
Industry: Grocery Stores and Supermarkets
Listing ID: CALVERTGROCERYSTORE799K
In 2023 when the business was owner-operated, the grocery store generated an average sales of $142,357 per MONTH!
Seller purchased the property in order to obtain an E2 visa from Canada. However, the Seller was not able to hire a butcher to work there because the previous seller was working as the butcher himself.
Due to religious reasons, the Seller did not want to cut the meat himself. After shutting down the butcher's section of the grocery store, the sales started to decline.
At the same time, the Seller's family decided to not stay in the U.S and chose to move back to Canada. Seller recently shut down the business and has returned to Canada.
Huge opportunity to resume the business and get it back to over $140,000 in monthly sales!
Property is 1.17 acres!
Property includes Three Buildings! The Grocery Store Building, a Mechanic Shop building, as well as a separate third building. The Grocery Store Building has an additional retail space that may be converted to a smoke shop!
Geographic & Demographic Details:
Median household income is $67k!
Average traffic count of 7,295 vehicles passing by the location each day!
Strategically located minutes from I-24 and I-69, ensuring excellent regional connectivity.
Close to Kentucky Lake and Tennessee River, drawing steady visitor traffic.
Strong local community with a mix of tourism, residential, and industrial activity.
3 hours from St. Louis, MO and Nashville, TN as well as Louisville, KY and Memphis, TN! Only 1h 30 min from Clarksville, TN!
Asking Price for Three Buildings and Property: $799,000 plus any unexpired inventory!
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
Gross Revenue: $1,680,000
Monthly Rent: 2000
Potential Growth:
Property includes Three Buildings! The Grocery Store Building, a Mechanic Shop building, as well as a separate third building. The Grocery Store Building has an additional retail space that may be converted to a smoke shop!