This High Volume convenience store is located in North East section of Philadelphia in a very dense population. The business has an excellent cash flow, very low over heads, and the best part is that the rent is under $20,000 per year. Long lease and the the reasonable rent increase adds value to this business. Lottery Commission pays the whole year rent. Do not miss this big opportunity!
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Market Competition and Expansion:
There are 3 other similar stores in the area, all of them are in business for many years and do very well. The purchase price includes all the equipment and Ensyl system to open up a pizza/ deli store for pick up and delivery. This presents an opportunity for a motivated operator to increase the additional profit up by 50-100%. Not only they can open deli and pizzeria, but they can add all different services like providing Money Orders, accept bill payments etc.
Reason for Selling:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.