Grocerty Deli & Convenient store for sale

Philadelphia, PA
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Asking Price:$150,000
Gross Revenue:$624,000
Rent:$2,500/Month
Cash Flow:$130,000
Inventory:$25,000
FF&E:$50,000
BUSINESS DESCRIPTION

Philadelphia , deli and grocery ,looks like small convenient store , serving food such as sandwich , Cheese steak , french fry , located corner , Hight profitable , long term lease, hot food system , Located on a very busy and lively road, located on a corner, can increase sales and has a hot food cooking grill, it is a 3 story building, can use the basement and the first floor, and the 2nd and 3rd floors are 5 rooms and 2 bathrooms, if you want to rent it separately while operating a store, it can be rented for $1,500 per month.
Annual business expenses $: RENT:30,000 , UTILITIES: 12,000, INSURANCE :3,900, EMPLYEES WAGE:52,000, OTHERS:7,000. Please call/text Peter Han at 215-668-1666. The new buyer will get anew lease from the landlord( 10 0r 15 or 20 years. If the buyer wants, he can buy the building separately, including the store and the apartments on the 2nd and 3rd floors, for $390,000. The building owner can use the loan when purchasing the building.


ATTACHED DOCUMENTS
Confidentiality Agreement Download

DETAILED INFORMATION
Location
Philadelphia, PA
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
2,400
Employees
2
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
cashier register , soda cooler , 1 cooking grill , 1 deli case...
Support & Training
2 weeks
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Peter
Han
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Peter Han