Profitable Established Deli and C-Store #1 in Town
Location: Alabama > Lamar County
Industry: Food and Beverage > Other Food and Beverage
Financials
Asking Price: $395,000
Gross Revenue: $1,100,000
Gross Revenue Comments: Based on 11 months data in 2007
Cash Flow: $141,000
Cash Flow Comments: 11-months P&L
Inventory: $35,000 (Included in Asking Price)
FF&E: $100,000 (Included in Asking Price)
Real Estate: $100,000 (Included in Asking Price)
Seller Financing: Will consider
Business Summary
This 31 year old business is very profitable and won't last long at this price. Deli/Restaurant is the most popular in town and shows high margins. Gas, food and Deli generate steady business for new owner. Owner just bought new cooker and the gas pumps, tanks and equipment are all owned. Great small town atmospere and this business beats the competition. Sells groceries, gas, hot and cold meals, tobacco products and more. Very safe location and set for growth.
About the Business
Year Established: 1976
Employees: 5 full time - 3 part time
Facilities: Wonderful location on major state highway in town. The equipment is in great shape and overall store well kept by owners for 17 years.
Market Outlook and Competition: Great opportunity since new plant is opening soon to employ 50 new jobs down the street. This business can be expanded for laudromat, cleaners, pawn shop, check cashing etc...Won't stay on the market long!
About the Sale
Management Training and Support: As required
Reason For Selling: Retirement and Health Issues
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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. Please review the full Disclaimer here.
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