Convenient Store/Pizzeria/Deli Business For Sale With Real Estate

Buffalo, NY
Asking Price:$650,000
Inventory:$50,000
Real Estate:$450,000
Gross Revenue:$950,000
FF&E:$100,000
Established Year:1939
BUSINESS DESCRIPTION

Well established convenience grocery store with pizzeria

Great turnkey opportunity to own a well established grocery/pizzeria/deli operation in business in metro Buffalo NY since 1939!
Over 35,000 cars per day drive by this updated building with off street parking.
Owner retiring.
Very steady, predictable income stream.
Approx. 50% of business is takeout/sit down food with pizza, salads, subs and chicken wings and 50% is convenient grocery sales.
Seating for 18


DETAILED INFORMATION
Location
Buffalo, NY
Inventory
Not Included in asking price
Real Estate
Owned
Included in asking price
Building SF
3,432
Employees
8
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well maintained updated masonry building with 8 car off street parking as well as on street parking. Very high traffic corner location located at traffic signal. All necessary equipment and fixtures for convenient grocery store and to go restaurant with 18 seats. Catering business is also included.
Competition
Neighborhood convenient store with restaurant/deli that happens to be located on a signalized corner with over 35,000 cars per day driving by.
Growth & Expansion
Additional restaurant menu items could easily be added in addition to pizza/salads/subs and chicken wings.
Financing
SBA financing available with 10% down
Support & Training
Will train as needed for every aspect of both grocery and restaurant businesses including recipes, cooking as well as product ordering for grocery component.
Reason for Selling
Owner retiring.
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alan hastings
alan hastings