Established 6000 sq ft business, prime location

Featured on BizBuySell.com . 2 viewed

Asking Price

$270,000

FOR SALE - ACTIVE

Detailed Information

Location

Philadelphia, PA (Philadelphia County)

QUICK STATS

BUYER ANALYSIS

Down Payment

% down

Payback Period

months

Annual Debt Service

% interest, year term

Cash Flow After Debt Service

Debt Service Coverage

x

COMPANY FINANCIALS

Cash flow

(% CF Margin)

Revenue

Furniture, Fixture &
Equipment

Inventory

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Business Description

Located in a bustling area, this 6000 sq ft business for sale offers street parking and has been established for 27 years. The current owner is retiring, presenting a great opportunity for a buyer to expand the sales volume. The total inventory value is $300,000, but the seller is offering the business and inventory for $270,000. The monthly rent is $4,500, with operating hours from 9 am to 6 pm, six days a week. Annual expenses amount to $117,500, covering utilities, business insurance, rent, employee wages, and other costs. It's important to note that the seller and landlord are separate entities. Once an agreement is reached with the business seller, a lease must be obtained from the landlord. This business represents a turnkey opportunity for a new owner to step in and continue operations seamlessly, benefiting from the established presence in the area and potential for increased sales. With a prime location and a well-established presence, this business presents

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Listed By:

Name : Peter Han

Phone Number : Show Phone number

Peter Han typically replies in about 7 minutes

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