Business Summary
Asking Price: $60,000
Gross Income: $260,000
Cash Flow: $39,000
EBITDA: N/ A
FF&E: $15,000
Inventory: $5,000
Real Estate: N/ A
Established: 2013
Employees: N/ A
Business Description
Excellent opportunity to own your own Deli, Grocery and Convenience store in a nice neighborhood in Brooklyn. Highly visible corner location with tons of foot traffic and heavily traveled road. Near large apartment buildings and residential area. Current owner only has business for 6 months and has not had enough time to grow business. Young owner wants to relocate back to his own country and is ready to make a deal! Due to personal reasons, he currently operates with NO BEER OR LOTTO. These items can be added to increase sales. Sells fresh produce, grocery items, soft drinks and cigarettes. EXTREMELY LOW RENT OF $1,000 which includes heat, hot water and taxes. No increases until 2015 when it goes to 1,200. 5 1/ 2 years left on lease with 4 year option. Grosses $5k a week. This is a MUST SEE for experienced grocery/ deli/ convenience store buyer to take this store to the proper levels and reap the profits with such low overhead.
Detailed Information
Inventory:Included in asking price.
Furniture, Fixtures, & Equipment (FF&E):Included in asking price.
Facilities: Strip Mall 1000 sq.ft. Deli, Grocery, Convenience Store Busy Neighborhood Corner Location Heavy Foot & Highway Traffic Near Apartment Buildings Mon-Sat 10am-8pm Favorable Lease Terms.
Growth & Expansion: Great Potential!!
Support & Training: 1 Week
Reason for Selling: moving out of country.
Property Details