Beer deli with one 3 beds APT including real estate

Philadelphia, PA
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Asking Price:$590,000
Gross Revenue:$780,000
FF&E:$200,000
Cash Flow:$210,000
Inventory:$30,000
Real Estate:$300,000
BUSINESS DESCRIPTION

Present Owner for 8 yrs County: Philadelphia Lease Expired:
Business Hours: M-W: 12A-10P Thur 12A-10P F&S 12A-10P Sun: 12A-10P
Employees: 2 owners 1 employees
store .Size: 1,300 Lot Size: Parking: Street cars Lic.No
Direction:

*All Expenses (yearly total) *Annual Gross Sales Total 780,000.00
License & Dues: 500.00 (1) beer 90%
Rent: including RE (2) snack cigarette 10 %
Electricity 8,400.00 (3)
Gas: 2,400.00 * Mark up
Water: 1,000.00 (1)
Trash: 1,000.00 (2)
Wages: 12,000.00 (3)
Insurance: 4,900.00 *Total Gross Incomes
Alarm: 300.00 *Total Expenses 49,200.00
C.P.A: 1,500.00 *Net Profit
Advertising: *Other Incomes
Repair: 1,000.00 (1)
Office Expenses: 500.00 (2)
Bags 10,000.00 (3)
Termini: *Total Net Profit 210,000.00
Card Fee: *Asking Prices
Sales Tax: Paid from Sales Business 390,000.00
Property Tax: 50 % entire building Real Estate 300,000.00
"Use &
Occupancy Tax:" 1,500.00 Inventory excluded
Total 690,000.00
Payroll Tax: Down
Other Expenses: Owner Financing
(1) telephone 1,200.00
(2) additional 3,000.00 *Other Information
(3) 3 beds , 1kitchen, 1 bathroom APT on 2nd floor

Total Expenses: 49,200.00
good condition, seller is living
All information pertaining to business and RE was provided from the seller,
The company & agent ,Peter Hahn does not hold any responsibility for misinformation or numerical errors.
The Buyers will be responsible for checking & investgating about all above information.


DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
4,000
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Walk in box , 1 bending lotto machine, 1 cooking system, sitting table. 2nd floor: 3 beds , 1kitchen, 1 bathroom, the sellers live on the 2nd floor
Support & Training
2 weeks
Reason for Selling
Personal
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Peter
Han
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Peter Han