This well established, profitable South Philly beer distributor has been in business serving South Philly residents since 1962. The current owner, who has owned the store since 1990, has decided to retire. The store is located near high volume shopping centers and on a high traffic count street. This store is a gem because it has steady traffic flow that produces 1.2 mil in lottery sales. It is a true home run for the conscious buyer who is looking for a compact store. It is considered to be one of the top volume stores per sq. ft. in the city considering it produces 1.4 mil in sales. A neighborhood store with a steady cash flow, strong traffic count and magnificent lottery sales makes this a great recession proof opportunity. The store's volume is also based on a very good mix of 75% retail and 25% wholesale. This mix makes it easy to purchase top deal level on all products. The owner is willing to provide financing for the right buyers and will also consider right of first option on the property after loan is paid. A new, motivated owner running this business will flourish and realize its tremendous growth potential. Come and take a look. You won't be disappointed. All potential buyers must sign broker forms- no exceptions.
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