Deli & Convenience Store

Cuyahoga County, OH
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Asking Price:$249,000
FF&E:$84,000
EBITDA:$80,000
Established Year:2021
BUSINESS DESCRIPTION

Agency Professionals represents a well-established location in a premier location within the largest residential building in Cuyahoga County that services over 850 residents, contractors and employees.
The business holds a liquor license to sell wine and beer, provides lottery ticket services and features and on-site ATM. The business has an impeccable health record with the board of health combined with an optimized product and brand offering that has made it profitable from day one.
Recent improvements include enhanced décor, newer HVAC, newer refrigeration, a streamlined POS and inventory system and optimized vendor partnerships, all supported by documented processes and proven recipes.
With a safe, 24/7 secured environment and a reliable pool of part-time employees, the business efficiently balances owner-led service with team support. Additionally, the unique capacity for 24/7 package receiving caters to the high-traffic, high-demand nature of the community driven business.
This listing offers an exceptional opportunity for sustained profitability and growth in a stable, built-in market.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Cuyahoga County, OH
Inventory
Included in asking price
Real Estate
Owned
Included in asking price
Building SF
1,000
Employees
4
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
FF&E of +/- $84,000 (depreciated book value) is included in the asking price including shelving, freezers, coolers, POS system video surveillance systems, support equipment along with office furniture, computers, software, vending machines and phone systems.
Competition
Prime location with minimal competition in the area.
Growth & Expansion
The owner has identified several opportunities for growth and expansion including but not limited to 1)food and beverage delivery to the buildings pool 2) expansion of the building wine club and 3) delivery to other condominium and apartment buildings in the near vicinity.
Support & Training
The owner is willing to stay on for a reasonable time after a sale to ensure a smooth transition and is negotiable on the length of this transition at mutually agreeable terms and compensation.
Reason for Selling
The owner is seeking a sale for retirement.
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Tom
Jelepis
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Tom Jelepis