High Volume Market With Growing Sales Each Year! For Sale

Business description

Busy Convenience Market & Deli On Main Street. This Market Has A Steady And Growing Customer Base, And A Location With Little Direct Competition.

Serves A Large Community Of Homes As A Small Grocery Store Rather Than Just A Convenience Store. Gross Sales Have Been Steadily Increasing Each Year, With A 12% Increase In 2007 Compared With 2006. Steady Trend In Sales Growth As Follows:

Total Sales 2007: 1,434,800

Total Sales 2006: 1,282,412

Total Sales 2005: 925,129

This Market Has A Beer And Wine License, And Busy Deli Averaging About 5000 Per Month In Sales.

This Market Is In A Large Space, With Over 3100 Square Feet. Base Rent Of 6400/Month Plus Cam Charges For Total Montly Rent Payment Of 8800. Five Years Left On Lease With Additional Option For Ten Year Extension Of Lease.

Major Equipment Was Brand New Five Years Ago And In Excellent Condition. Very Reasonable Working Hours, As This Market Currently Closes At 9pm. Wonderful Opportunity To Own A Busy Market With Excellent Potential For Continued Revenue Growth.


Disclaimer: This Information Has Been Supplied To Broker By Seller. Broker Expressly Disclaims Any And All Liability For Representation Of Warranties, Expressed Or Implied, Contained In Such Information, Or For Omissions From Them. Broker Believes Such Information To Be Correct, But Has Not Verified Or Checked It. Any Agreement Or Decision By Buyer To Pursue A Transaction Regarding This Business Should Be Based On Further Investigation By The Buyer.

Property information

Real Estate:

Lease

Lease terms:

Large Store with Over 3100 Square Feet in Great Location with Little Direct Competition.

Base Rent of $6400/month plus CAM charges for total montly rent payment of $8800. Five Years Left on Lease with Additional Option for Ten Year Extension of Lease.

Location:

Busy Main Street With Large Housing Subdivisions.

Other information

Expansion potential:

Nice Opportunity to Expand Things Like Prepared Food to Go to Serve the Local Commmunity.

Annual Sales are Growing Each Year.

Competition / Market:

Little Direct Competition for this Market.

Support & training:

Seller will provide reasonable training.

Reasons for selling:

Other Business Interests.

Trading hours:

7am-9pm seven days per week.

Financing available:

In Process of Pre-Qualifying for SBA Financing.

Inventory / Stock value:

$100,000