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Business For Sale
DELI & CONVENIENCE : FINANCING AVAILABLE
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Asking Price: |
$319,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Disabling Medical Condition |
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Year Established:
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2006 |
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# of Employees:
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5 |
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Yearly Revenues:
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$320,000 |
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Yearly Cash Flow:
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$68,000 |
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Yearly EBITDA:
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$60,000 |
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Yearly Net Profit:
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$4,000 |
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Yearly Gross Income:
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$224,000 |
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Monthly Payroll:
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$5,000 |
Business for Sale Overview:
Brand new Italian Grocery and Delicatessen in newly opened shopping area. Bread, wine, cheeses, plus deli meats and proprietary wines from Italy. A selection of other popular grocery items have been made available to the public. All furniture and fixtures and restaurant equipment is new. Great business being offered at a remarkably low price with great financing terms and conditions. Introductions to sources of all specialty procucts and proprietary products and labels included in the price.
Property Features and Assets:
The major and center position in a brand new shopping area with 2400 square foot area, ten year lease being made available, tiled flooring throughout. Plenty of parking one of the most rapidly growing areas in Volusia. FFE=$130K + Leasehold=$125K + Inventory $65K = $320K in brand new assets. Owner will spend three weeks, fifteen business days, at no cost to the Buyer on the operation of the business.
Market Competition and Expansion:
Situated in an up-market and growing area of professional buildings and yet to be built medical center adjacent to the major North and South Highway bi-secting Volusia. Any other business of this sort is prohibited from entering this shoppong area. No other Deli and Convenience store is near by.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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