• Thriving Convenience Store includes Deli

    Business Description:

    Located only 100 yards from the ocean!! This iconic convenience store and delicatessen is ready for you! Turn key!! Over 50 years of success can be yours!! Great money maker with low rent. In the past year, every corner has been brightened and updated. You will not be disappointed. Take advantage of his incredible opportunity to own a historic beach-side gem!

    Asking Price: $295,000

    Gross Income: $500,000

    Cash Flow: $100,000

    EBITDA: $100,000

    FF&E: $10,000

    Inventory: $30,000

    Real Estate: N/A

    Established: 1959

    Employees: 2 ft, 6pt

    Inventory:Included in asking priceFurniture, Fixtures, & Equipment (FF&E):Included in asking priceFacilities:4,200 square feet of space, including 13 door beverage cooler, full delicatessen display case and food prep area, 140 4-foot shelves, multiple refrigeration and freezer units, state-of-the-art POS and inventory system, full HD surveillance, and much, much more. Leased building with low monthly rent includes private parking.Competition:This fully stocked grocery store and deli is the only store providing a full range of products, including beer, wine and tobacco, in one of the areas busiest beach locations. Located only 100 yards from the beach, their charter is provide one-stop shopping with a rapid return to your vacation.Growth & Expansion:The current owners operate the store with a seasonal mentality. The store closes entirely for 6 weeks during the winter, and is closed every Monday except during the 3-month summer season. Also, closing time is 6pm for a majority of the year. A new owner could expand operating hours by 30% or more.Support & Training:2 weeks of training included with the sale. Owner will also do a complete transition of the more than 20 vendors that fully service the store.Reason for Selling:Retirement

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