6010-Food Market & Deli - Cash coming in all day

Not Disclosed, PA
Philadelphia County

Asking Price: Annual Revenue:
$350,000 $720,000

Food & Beverage: Grocery & Food Stores

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RE: 6010-Food Market & Deli - Cash coming in all day Broker: Dave Cantera

Quick Facts

Asking Price: $350,000
Annual Revenue: $720,000
Net Profit: $125,000
Cash Flow: $125,000
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2007
Employees: 5
BBN Listing #: 524154277
Broker Reference #: 6010

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Business Overview:

Are you in the mood for a nice, steady, clean, well run operation? You can walk right into this sharp food market/deli and not even have to take a broom to the floor. There is nothing you need to do to make this more attractive to you customers. The items are neatly on the shelves and well stocked. This downtown location has foot traffic all day and most of the night. The margins are good and the cash keeps coming in all day long. The staff is well trained and has been there for quite a while. Owner works part time and just makes the deposits and creates the orders. The food market runs by itself. It is located on a busy corner and has good visibility from both streets. There is a good amount of parking on one of the streets which is unusual for downtown Philly. This could be YOUR opportunity to own your own food market in a very busy location. Cash flow noted is for owner/operator working 50 hours per week taking NO salary; before debt service.

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Reason for Selling:

Owner found more lucrative business.

Additional Details:

  • 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.

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