5 Store Memphis Retail Portfolio Retail FOR SALE


Memphis, TN - Audubon Park
$7,000,000 USD
678-257-7652
, Memphis, TN for Sale
$7,000,000 USD
Retail - FOR SALE
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5 Store Memphis Retail Portfolio
Memphis, TN
Audubon Park


HIGHLIGHTS

  • 3 Grocery and 2 Liquor Stores
  • Asset 1: Operating businesses — the five stores, valued at approximately $4.96 million.
  • Asset 2: Real estate — the fee-simple South Prescott property, valued at approximately $2 million.

OVERVIEW

Established portfolio of five retail locations in the greater Memphis market, consisting of three grocery stores and two liquor stores.? This diversified portfolio provides multiple revenue streams across established neighborhood retail concepts serving consistent local demand.? 5-Store Memphis Retail Portfolio-3 Grocery and 2 Liquor Stores Operating businesses - $4,960,000 Prescott grocery $1,200,000. Frayser grocery $1,750,000. Horn Lake grocery $820,000. Frayser liquor $910,000. Prescott liquor $280,000. 4.03 times EBITDAR Against combined adjusted EBITDAR of $1,232,086. Grocery and liquor price at 4.03 and 4.01 times respectively. Real estate - $2,000,000 South Prescott: 3.43 acres and 36,910 square feet housing the Prescott grocery and liquor stores, conveying fee-simple. Inventory - $1,732,000 Held at cost across the five stores and purchased separately at closing, outside the $7,000,000 price. Asset 1: Operating businesses — the five stores, valued at approximately $4.96 million. Asset 2: Real estate — the fee-simple South Prescott property, valued at approximately $2 million.

ASK ABOUT THIS PROPERTY

Neil LansingSummitrock Partners LLCMore Info
678-257-7652

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Neil LansingSummitrock Partners LLCMore Info
678-257-7652

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.