High margin deli convenience store in upscale neighborhood

Holland, PA (Bucks County)

High margin deli convenience store in upscale neighborhood
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Asking Price: Get Financing: $250,000

Cash Flow: $150,000

Gross Revenue: $700,000

EBITDA: N/A

FF&E: N/A

Inventory: $30,000*

Lease Rate: $5,100 /Month

Established: 1990

*not included in asking price.

High margin deli convenience store in upscale neighborhood

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Business Description

High margin deli convenience store with no competition upscale area

no competition near by,
New 3 menu TVs recently installed
Uber is setup and orders received everyday
Nearby school and business catering inquiry everyday
PA Skill machines brings in ~$1000/monthly commission
Lottery
Cigarettes;
ATM;
Fully stocked inventory;
Uber eats;
Ice;
Propane;
Catering contracts;
Excellent Breakfast, lunch and dinner sandwiches;
All new LED lighting;
New floor;
New counter;
Dietz n Watson Premium Meats and Cheese
Grocery
Produce
Bagels
Clover POS
Online reporting access
wireless camera surveillance installed;
All coolers are upto date and 100% perfect working condition;
Fountain Soda machine coming soon;
Hot ready to go breakfast station coming soon;
5000 new menu flyers being distributed locally
Approved by PA lottery for KENO games and 3 TV monitors coming in April.
3 Yr lease locked in with the best rate in the entire shopping center.
New LED signed recently installed.
Margin is 40%

All paper work is upto date...all Food permits, tobacco license up to date; plenty room for new owners (can discuss ideas);
NO Financing;
Price to sell - $250k
Gross - ~700k
Net - $150k

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,700
Lease Expiration:
N/A
Employees:
5
Facilities:
all equipment is owned and perfect working condition ..nothing is leased
Competition:
NO competition nearby... 40% margin
Growth & Expansion:
catering, bakery space, tobacco outlet, wholesale
Financing:
NO Financing
Support & Training:
Support and training can be provided as needed, employees will remain if needed
Reason for Selling:
Partnership conflicts / other interests
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Business Location


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Business Listed By:
JP

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