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Business for Sale Summary

Deli C-Store and Mini Grocery - 31272

Business Type: delicatessen/catering services,general merchandise store,other eating & drinking places,other food stores,best deals!,new to market,convenience store
Deli  C-Store and Mini Grocery
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Financial Information (non-confidential)

General Information
Asking Price $135,000 Down Payment $135,000
Gross Revenues $375,000 Lease Remaining Register Free to View
Owner’s Cash Flow $50,000 Number of FT Employees Register Free to View

Financing

$135,000 Down and None.

Business Description

Deli C-Store and Mini Grocery just outside of Manhattan. RUN ON AN ABSENTEE BASIS. The owner only comes in 1 hour/wk. This is a spacious 2,000 sq. ft. store (with a full 2,000 sq.ft. basement) in a densely populated residential neighborhood. There are over 1,500 apartments in the area. They offer a deli counter and c-store plus, including 5 large freezers. It is more of a mini supermarket. THERE ARE 8 YEARS LEFT ON THE CURRENT LEASE AT A RENT OF ONLY $2,800/MTH. In the past year the business grossed approx. $375,000.00 with a net cash flow of approx. $50,000.00 (after paying a full staff). An owner operator could see a net income of $75K or more. The store needs some cosmetic work, but has good bones and is in a great corner location. We are seeking a serious and financially qualified buyer with at least $135K in liquid funds. To learn more, please call or email Mel Vaz today at 877-735-5224 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.