Description

Newly renovated Deli/Hot Food/C-store in a high-traffic area. A nearby school & a very large Laundromat drive many people to this section. Sales: Convenience 60%, Deli 25% & Hot Food 15%. Business has been steadily increasing due to 2 new grills, deep fryer, & a new deli casing added within the past year. New owner should offer more hot food items which should increase profits. The store offers several Addt’l services; Other Income: Lottery 11k, Money Transfers 3,300, ATM 840, & Bill Pay 1,080 = $16,220. Furniture, Fixtures & Equipment of $35k included in sale. Owner recently got a new (10) year lease. New qualified tenant can get a similar lease situation. $26k added to payroll to account for the owners’ wages being replaced.

Posted Feb 10, 2016

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