Beer deli convenient lotto with 10 unit APT 3 story building

Asking Price$950,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

Inventory$3,000
Not included in asking price
FF&E$150,000
Included in asking price
Real Estate$990,000
Not included in asking price
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Beer deli convenient lotto with 10 unit APT 3 story building


Asking Price$950,000

Cash Flow

EBITDANot Disclosed

Gross Revenue$800,000

Inventory$3,000
Not included in asking price
FF&E$150,000
Included in asking price
Real Estate$990,000
Not included in asking price
Business Description
This business has a long history, with the current owner having operated it for about 15 years. The property includes a basement and a 2,200-square-foot ground-floor shop; while the shop has existing cooking facilities, food is not currently being prepared there. With the addition of beer sales, seating, and a broader range of grocery or convenience store items, a new owner could significantly boost revenue. There are approximately 10 apartment units on the second and third floors; although they are currently in poor condition, significant rental income could be realized if they were renovated. Its proximity to a university ensures a steady demand for rentals. The building is situated on a corner lot at a major intersection and is priced very attractively—well below the estimated market value of $1.29 million—because the owner is retiring. The asking price of $950,000 includes the business license. This is a property with great potential and a solid structural build; notably, the annual lottery commission alone approaches $50,000. It is definitely worth a visit.

beer deli & grocery business , lotto , 3 story building , 10 units APT ( expect much more rental , sjust store size is 2100 SQF,,zoning CMX2income if fix and renovate )on 2nd &3rd floor , basement ,



Business :average $800,000.00 a year lotto income :50,000/year , open 9a-11p for 7 days , utilities -16000/year , insurance-6900/yr , 3 employees , type of E beer License ( worth of 175,000 on the market ). The businees has been here for long time with several owners, lots of potenyial , put more grocery item to build up more business volume ,break down : business including beer License good for family business , Please do not bother and talk to anyone in the store !!!
About the Business
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
7,000
About the Sale
Seller Motivation
Retiring
Transition Support
2 weeks
Listing Info
ID
2554450
Listing Views
1

Listing ID: 2554450 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.


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