Deli/Sundry Shop in Office Bldg

Auburn Hills, MI (Oakland County)

Seller Financing Available
Deli/Sundry Shop in Office Bldg

Asking Price:$165,000

Cash Flow:N/A

Gross Revenue:$260,000

EBITDA:N/A

FF&E:N/A

Inventory:$5,000*

Rate/Sq. Ft.:N/A

Established:1988

*not included in asking price.

Deli/Sundry Shop in Office Bldg

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Business Description

This is a great opportunity to own a beautiful deli and sundry shop in a beautiful, upscale office building in Auburn Hills. This is a rare find in a well maintained office complex. The deli has a full salad bar, a sandwich bar and steam table for hot lunches. The sundry shop sells a wide variety of drinks and snack, tobacco products, Lottery/Lotto and greeting cards. The equipment is owned and maintained by the Landlord. Sales currently average $1,000 per day. Summer months are the slowest period in office delis. Catering sales could be improved with an owner-operator who promotes the catering within and outside of the building. There is a vending machine in the common area that generates $50.00 per week of sales.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
3,750
Lease Expiration:
3/1/2017
Employees:
3
Financing:
$75,000 down with Interest Rate/Amortization Period: 6%/60 months
Reason for Selling:
has other business

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Joseph Barbera

Business Listed By:
Joseph Barbera

Capital-1 Commercial Group Inc.

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