Income producing Real Estate including Beer and Wine store

Middlebury, PA (Tioga County)

Income producing Real Estate including Beer and Wine store
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Asking Price: $1,175,000

Cash Flow: $290,000

Gross Revenue: $3,500,000

EBITDA: $248,000

FF&E: $1,000,000

Inventory: $60,000

Real Estate: $800,000

Established: 2001

Income producing Real Estate including Beer and Wine store

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Business Description

Two real estate parcels two include two tenant a self storage center and the beer and wine business included in the sale. The main retail building has recently been resided.

The business can be purchased separately for $275,000 including $60,000 of Inventory at cost with an annual rent of $42,500NNN.

The price of the real estate will be reduced by the business price should such a transaction conclude.

The real estate more then supports the assessed value of $800,000 using a Cap X 10.

Detailed Information

Location:
Middlebury, PA
Inventory:
Included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
7,422
Employees:
7
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Single story building with Pizza Parlor tenant, Florist tenant, Ownerd Beer and Wine Center, redemption Center, Extra available section plus a separate self storage with 28 units. 28 parking spots
Competition:
College Town and the business is located at the intersection between two key sections of city.
Growth & Expansion:
There is still vacant space is the building which could be built out for another tenant
Reason for Selling:
Retirement
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(from currently available funds)
 
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VERMONT BUSINESS BROKERS

Business Listed By:
John Beal/Vermont Business Brokers

Vermont Business Brokers

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Memberships & Certifications:
Indicates membership in The New England Business Brokers Association (NEBBA).

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