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Business for Sale Summary

Deli & Convenience Store - 26858

Business Type: delicatessen/catering services,other eating & drinking places,other food stores,best deals!,convenience store
Deli & Convenience Store
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Financial Information (non-confidential)

General Information
Asking Price $200,000 Down Payment $125,000
Gross Revenues $425,000 Lease Remaining Register Free to View
Owner’s Cash Flow $75,000 Number of FT Employees Register Free to View

Financing

$125,000 Down and $75,000 for 5 Years at 7%

Business Description

Convenience store and deli 2000 SF With full basement with office and 2 storage areas. This Store has new heat new A/C New compressors & new hot water heater. Includes 16 year lease and rent for only $2900 per month. Rent increases only 3% per year! This store opened 4 years ago. Seller does no advertisement no promoting & no delivery This store is located near a state building with 5000 employers. Located in a shopping strip with great parking on a busy route with great exposure. This is the best lease you can ever get. This store is well equipped. It includes a small kitchen, prep area, coffee center, and large reach in coolers. They have a griddle and fryer with gyros in the front area, a cold cut counter, and an area to add produce. Experienced buyer can triple present sales by promoting business offering fax and delivery, adding more items, adding bill pay, adding Slurpee's, adding more hot foods including Spanish and American foods. This build out cost $250k- seller's loss is buyer's gain. Inventory except cigarettes and beer included. This store has a very low overhead and electric bill. This store can make a buyer proud & profitable for the next 16 years. Buyer can add chopped salads, yogurt, ice cream, BAGELS, BUYER WHO OPENS EARLIER AND MAKES SOME SMALL IMPROVEMENTS CAN GREATLY INCREASE PRESENT NUMBERS. seller is now working about 40 hours per week.This store offer ATM & NYS Lottery,16 security cameras plus a point of sale system. Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.