NOT DISCLOSED, Pennsylvania
| Asking Price |
$300,000 |
Year Established |
|
|
| Annual Revenue |
$719,012 |
Reason for Selling |
personal |
|
| Annual P/L |
$112,740 |
Attention |
Corporate business |
|
| Annual Cash Flow |
$0 |
Listing Number |
1008104 |
|
| # of Employees |
15 |
Business Category |
Commercial Real Estate: Retail & Shopping Centers |
|
Business Overview:
20,000 sq ft supermarket located on a major road and neighboring many anchor stores such as CVS, Family Dollar, and Burger King. The store, located in a mall with plenty of parking, sells all groceries, deli, dairy, and meat, and the owner just received the beer license, which will increase the sales dramatically. The license by itself costs $125,000; there is also a brand new POS system that costs $75,000, a new pilon sign that costs $30,000, and LED lettering that is ready to be installed. Huge potential in this location, but unfortunately, the owners are very occupied with several other businesses that are almost 3.5 hours away from the supermarket. EBT is in place, the lottery is in place, and a skill game machine that brings close to $100,000 yearly. The store is run by a manager, but it's under absentee ownership. Very good lease. Has a 20-year option to renew. If interested, the whole shopping center is for sale for $6.3M (total collected base rent is $459,361)
Property Features and Assets:
Market Competition and Expansion:
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is a franchise resale opportunity