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Convenience Store w/110k net currently running without lottery

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Philadelphia Co., PA   |  Food and Beverage Businesses for Sale – Other Food and Beverage Businesses for Sale   |  Businesses for Sale Between $250k and $500k

Business Description

This is a well established convenience store with a deli in a highly visible location in Philly. The location it sits on in Philly draws a variety of clientele from both local and transient traffic both by car and on foot. Very popular restaurant in the square adjoining this food market adds to lunch, dinner, and after hour traffic especially during good weather and during South Philly events. There is currently no lottery in the store and the reported cash flow is without any lottery sales. The new owner can add Lottery, Western Union, Bill Payment and Money Order to increase sales and income. Although the store includes a deli, the deli is not a major part of the current business. The store has been doing steady business for the last eight years. Cash flow noted is for an owner/operator working 50 hours per week taking NO salary; before debt service.

About the Business

Real Estate:
Leased
Building Sq. Ft.:
1,700
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Listing Info

ID:
1457641
Ad Detail Views:
52
Asking Price:
$360,000

Gross Revenue:
$650,000
Cash Flow:
$110,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$40,000
not included in asking price

FF&E:
 Not Disclosed

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Business Listed by

Ahmedali Saiyed

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U.S. Census Data for Philadelphia County, PA
Age

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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Philadelphia County, PA
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Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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