• Listing ID: 1247251
  • (Seller ref: 21163)

Renovated Delicatessen In High Traffic Shopping Center For Sale


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Asking price:
$129,000
Sales revenue:
$349,000
Cash flow:
$137,020
Years established:
1975
Employees:
2


1/3


Renovated Deli in High Traffic Shopping Center. The location is A-Plus, Diamond. There is a high volume Supermarket, Bank, Movie Theater and Dunkin Donuts in this shopping center, YET THE RENT IS ONLY $2,200/MTH. (Incl. taxes and CAM). They have a 10 year lease with only 3% increases. The current owners took over this location less than one year ago with the idea to clean it up, update the menu and then sell it. So far, they are right on track. The store had been doing only $3,000/wk in sales when they bought it and they increased sales to $7,000/wk in less than six months. Sales continue to grow. A Net Income of at least $95,420.00 is expected by the end of year one. That is a conservative estimate. If you have been looking for a food service business you must at least drive out to visit this location. You won't regret it. Act quickly, this business will not last. Contact Mel Vaz today by clicking on the contact seller button below.


Real Estate:
Lease

Support & training:
yes
Reasons for selling:
Investment Sale
Financing available:
129,000.00 down & Possibly
Inventory / Stock value:
$7,000

For more information about this business for sale, click the Contact Seller button.


Please only contact this seller if you have a GENUINE interest in buying this business. DO NOT MAKE CONTACT if you wish to sell your third party goods or services as you will be blocked from this site.

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