PRICES REDUCED! successful Market and Deli with Owner's Home

North Springfield, VT (Windsor County)

PRICES REDUCED!  successful Market and Deli with Owner's Home
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Asking Price: $379,900

Cash Flow: N/A

Gross Revenue: $421,000

EBITDA: $30,000

FF&E: N/A

Inventory: $15,000*

Real Estate: N/A

Established: 2013

*not included in asking price.

PRICES REDUCED! successful Market and Deli with Owner's Home

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Business Description

Thriving Market and Deli business available for an energetic Buyer. The entire store was re-fitted as a Deli in 2013. Electrical, plumbing, security, flooring, ceilings, refrigeration, as well as all the equipment to operate the business. Owner will train.

The owners never expected this business to be build so rapidly. For that reason they continue to make improvements and add equipment. They own two businesses and there is not enough hours in the day. The store has developed a great deli and sandwich business, butcher shop, hot and cold foods for take out, beer business and a deck with umbrellas to dine on. Most furniture and fixtures are included.

Also included is the home to the left of the entrance to the store. It has a Living Room, Den, Kit on the first floor and, 2 Bedrooms and bath on the 2nd floor. January 2017 they are remodeled the Kitchen and bath. It is approximately 1100 sq ft. Ideal opportunity to Live & work on premises or collect rent for the house. For a qualified buyer, 20% down plus inventory should be able to buy the entire property PLUS Dollar for Dollar for the inventory. Numbers support the price.

Detailed Information

Location:
North Springfield, VT
Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
2,400
Employees:
5
Facilities:
Both building are well maintained. Al the FF&E is included with the exception of personal items. Excellent Road Frontage and paved parking. Currently the home is leased for $800. per month plus utilities. This could easily be the owners quarters. Business cash flows with an owners salary and a nice return on investment. (Home Based)
Competition:
They outshine any competition.
Growth & Expansion:
By extending the hours would increase the business assuming the new owner keeps up the quality and friendliness of the current owners.
Support & Training:
Owner's will help train and aid in a smooth transition for the new Owner.
Reason for Selling:
They own two businesses, busy in both.Just not enough time in the day!!
Home-Based:
This business is Home-Based
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(from currently available funds)
 
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Richard Palmer

Business Listed By:
Dick. Palmer

Hospitality Consultants, LLC

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