Price Reduced-deli & convenience store with High margin

Holland, PA (Bucks County)

Price Reduced-deli & convenience store with High margin
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Asking Price: Get Financing: $240,000

Cash Flow: $170,000

Gross Revenue: $700,000



Inventory: $30,000*

Lease Rate: $5,200 /Month

Established: 1990

*not included in asking price.

Price Reduced-deli & convenience store with High margin

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Business Description

Price reduced - High margin deli & convenience store in upscale area

Absolutely no competition near by; Surrounded by plenty of walking traffic from huge housing neighborhood

Recently installed (3) 40" TVs for breakfast, lunch and dinner menus;
Nearby school and business catering inquiry everyday
PA Skill machines brings in ~$1000/monthly commission (possibly increase to 2 machines due to demand from customers)
PA Lottery;
Fully stocked inventory;
Uber eats; Fully setup and orders received everyday
Excellent Hot fresh Breakfast, lunch and dinner sandwiches, wraps, etc;
All new LED lighting;
New floor;
New counter;
Dietz n Watson Premium Meats and Cheese
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 recently printed being distributed locally
Approved by PA lottery for KENO games and (3) 55" TV monitors coming in April. This should bump up the lottery commission by minimum $25k.
3 Yr lease locked in with the best rate in the entire shopping center.
New main store front LED signed recently installed.
Excellent high margin on everything;
* Summer time landscapers and contractors in area bring in extra 15% business
There is huge space in the back that you can use for other things as well.
Inventory - $25k-$25k NOT included in price;
Business Hours for winter
Monday - Sat - 8am - 8pm
Sunday 9am - 6pm

Business Hours for Summer
Monday Thru Sat - 7am - 9pm
Sunday 8am - 8pm
You can change hours to whatever you want...
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 - $240k (Price reduced for quick sell due to owners conflicts and financial issues)
Annual Gross sales - $700k +
Net cash Take home with owner payroll - $170k
Net cash without owner payroll - $120k

Jan 2018 month alone owners took $10k profit.

I'm NOT a broker...I'm the business owner listing the business so if you are serious send your contact info and list of questions or we can meet and discuss everything. Don' t just say "interested in business" bc I will NOT reply. Too many people wasting time.

Detailed Information

Not included in asking price
Real Estate:
Building SF:
Lease Expiration:
all equipment is owned and perfect working condition ..nothing is leased; just got new cooler box with evap system installed and new compressors ($4,500)
NO competition nearby...
Growth & Expansion:
catering, bakery space, tobacco outlet, wholesale
NO Financing
Support & Training:
Support and training can be provided as needed, employees will remain if needed, owner will stay part time as long as needed
Reason for Selling:
Partnership conflicts / Financial Issue
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Business Location

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