Details - Information last confirmed on September 10, 2020
Listing ID # 33326
Growing Deli and Liquor Store. A very unique business. They offer a full liquor store (1,100 sf.) adjacent to a full deli (1,100 sf.) There is an upstairs storage area and a 2,200 sf. basement. Both businesses have been growing steadily since they opened. The combined gross revenues are approx. $991,200.00 (Liquor - $780K, Deli (projected) - $192K, Kitchen rental income $19,200), with a projected owner's cash flow of approx. $193,200.00 for this year. The landlord will offer a 10 year lease (5 5) for a qualified buyer with good credit. Total rent is $4,800/mth. That is offset by $1,600/mth in rental income from a commercial baker that uses the kitchen. That contract is locked in for the next 3 years. This space deserves a visit. We are seeking a serious and financially qualified buyer with at least $490K in liquid funds to cover the down payment and inventory.
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