Business Overview:
Located in a small suburban town in the greater Middletown area, Store operates on a 40-42% gross profit. The deli portion of business generates about 75% of total volume which includes sandwiches, soups, coffee, etc. They are making between 20-25 pots of coffee per day – high profit product. Owners are expanding space for the coffee operation. Store operates with (2 ) partners and (3) part-timers with total part time hours of around 50 hours per week. Store hours are Monday-Saturday 6 AM-6 PM and Sunday 6 AM-Noon. The store operates with 2 people mostly and may need a 3rd person in the 11 AM-1 PM time frame. Lottery is about $14,000. Financials are estimated.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Business is being offered with real estate which consists of free standing building on 1/4 acre lot with a total square footage of nearly 2,800 square feet. The store is 1,800 square feet. The real estate is offered at $299,000. There is another rental unit next door from which the owner receives $825 per month in rental income. The owner prefers the sale of real estate with the business but would consider a lease arrangement with a starting rent of $2,500 per month.
Market Competition and Expansion:
Expand hours of operation.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
Resources: