Grocery/ Catering Business for Sale

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PRICE DROP Buy this business at a discount
Asking Price:
$129,000

Gross Revenue:
$566,000
Cash Flow:
$115,000
EBITDA:
$115,000
Inventory:
$45,000
not included in asking price

FF&E:
$35,000
included in asking price

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Business Description

Buy a profitable business that has been established for over 30 years. A growing catering business and a small grocery store with established hot and cold delis, sub bar, and smoothie bar, priced at less than one and a half times cash flow. Profitable and simple catering.The business is located near Chapman State Park and the Allegheny National Forest which attract many tourists to this beautiful area. The area also offers a low cost of living in a safe community. Email me your offer!

About the Business

Location:
Warren County, Pennsylvania
Year Established:
1988
Number of Employees:
5
Real Estate:
Leased
Building Sq. Ft.:
2,100
Rent:
$900.00 Per Month
Lease Expiration:
10/26/2019
Facilities:
Hot and cold deli, meat case, dairy case, produce case, frozen food freezers, ice cream freezers, sub counter, smoothie bar, meat grinder, two slicers, scales, as well as three ovens and thousands of dollars in catering equipment including a delivery van. The business is located on a highly trafficked main road with an ample paved parking lot.
Website:
kondaks.com
Market Outlook/
Competition:
Little or no competition. In 2018, the business did over half a million dollars in revenue while spending only $736 in advertising!
Growth & Expansion:
Current business hours are 8:30 to 5:30 weekdays and less on weekends. Business hours could be expanded, including being open on Sunday, to create more revenue.
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About the Sale

Reason For Selling:
Retiring after 30 years of ownership
Training/Support:
Owner will train.
Seller Financing:
Owner will renew lease or option to buy building for only $115,000

Listing Info

ID:
1433559
Ad Detail Views:
0

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Business Listed by
Kurt Kondak

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

Gender

Ethnicity

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

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

U.S. Community Survey Data for Warren County, PA
Income

Education

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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