Small Grocery Store
Location New York,United States
Asking Price Range < $250K
Gross Revenues $312000
Net Profit / Cash Flow $64400
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1989
Number of Employees 4 - 5
Relocatable No
Number of Employees 4 - 5
Real Estate Leased
Training As needed.
Reason for Sale Illness in family.
Description Convenience Deli for sale on a busy main road in central Nassau with beer, milk, limited groceries, hot steam table / deli/ tobacco/ lotto. Owner has owned the business for only 18 months. and the lotto is only in the store for 3 months and growing at at a rate is 15-20% a month. Sixteen door soda / beer cooler. state of the art 8 camera surveillance system monitoring 24/7. only 2 block away from schools and strong commercial area brings huge potential to this location for the right buyer. Rent base only $2,700 monthly. 90% of the business is take out deli, 10% grocery
On the other hand there is a 200% growth potential for Delivery business which current owners have not explored. Five years back this business had 4 people only for Delivery and the gross sales crossed $ 2,800 a day. It can be reached back by adopting the aggressive marketing tools for Delivery with in the combing area of 5 miles
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