6884 - Convenience / Deli
Location: Pennsylvania > Philadelphia County
Industry: Food and Beverage > Grocery and Supermarkets
Financials
Asking Price: $450,000
Gross Revenue: $840,000
Cash Flow: $140,000
Inventory: $50,000 (Not Included in Asking Price)
Seller Financing: $200,000 for 20 years at Prime plus 2% interest
Business Summary
Philadelphia, PA. This is a free-standing, independent high-volume Convenience Store located in a densely populated area with very little competition. Bus Terminal across street brings regular business at all hours.The Deli does very well. Sales are 53% Groceries, 15% Deli, 17% Soda and 15% Cigarettes. New school with 1,200 students could generate a 30% sales increase, if not double the current business volume starting 1st week September, 2008. Plenty of parking. Also, providing services such as bill payment and money orders would bring more business. Advertising Deli specials to local businesses by email/ fax would boost sales even more! Cash flow projected is for one full-time owner/operator.
About the Business
Year Established: 2001
Employees: 1 full time - 2 part time
About the Sale
Management Training and Support: 2 weeks
Reason For Selling: Partnership dispute
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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