| Asking Price |
$895,000 | Inventory |
$ for $** |
|---|---|---|---|
| Gross Income |
$1,200,000 | Real Estate |
|
| Cash Flow |
$203,000 | Year Established | 1970 |
| FF&E |
$75,000* | Employees | N/A |
* included in the asking price
** not included in the asking price
Excellent location. Established business for long time. Perfect business for family or partnership. Store sales are $1,200,000 + Lottery and Rips. High profit margin. Long term lease, 10 years + 10 years option. Owner financing with 50% down payment, with 10 years payout option. Seller will provide due diligence time. Buyer will be required to apply for liquor license transfer. Pl send e-mail for the income & expense info. (To be verified by buyer(s)).
Facilities: Independent location. 3600 sqft store. It has front and side parking.
Competition: Located in middle of the residential area. There has been no new competition in the area for so many years because the store is located in the residential area. It will be very difficult for others to build this kind of business near this location.
Growth/Expansion: Before this owner took over the store 12 years ago, this store use to be known for its Deli & Pizza business. Present owner has closed the Deli & Pizza, but all the set up is there is one choose to open the Deli & Pizza. By doing so it will only increase the business.
Financing: Owner Financing with 50% Down Payment
Support/Training: Seller will provide full support and training.
Reason Selling: Retirement

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