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Small Grocery Store
Location: United States -> New York -> Nassau
Industry: Retail > Convenience Stores Retail




Business Summary

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


Financials

Asking Price Range:  < $250K
Gross Revenues:   $312,000
Cash Flow:   $64,400
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1989
Number of Employees:  4 - 5
Relocatable:  No
Franchise:  No
Current Real Estate:  Leased

About The Sale

Management Training and Support:  As needed.
Reason For Selling:  Illness in family.




Print Listing Id: 700115518
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