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Located in The Raleigh Durham Area

  • Listing No.: 209-00001

  • Category: Retail

Asking Price $277,560.00
Down Payment
Gross Revenue $336,000.00
Total Adjusted Net Income $92,520.00
Equipment / Fixtures $37,000.00
Year Established 2006
General Location Located in The Raleigh Durham Area
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13 years in business with a large loyal clientele. Great retail store selling all kinds of European and Mediterranean food, drinks and merchandise. Business is well established and has long term relationships with vendors and customers. Great location in Raleigh Durham NC area in a very well established strip center with lots of traffic. Owner is moving to another state and will train buyer on all of his trade secrets and best practices. This won't last long on the market call today!

Gross Revenue $336,000.00 Listed Price $277,560.00
Total Income $92,520.00 Down Payment
Base Rent $3,025.00 Square Feet 1900
Total Rent $3,025.00 Lease Expiration 8/2023
Rent Deposit $1,800.00 Lease Options 2/ 5 & 10 Year
Inventory $80,000.00 Leasehold Improvements $40,000
Equipment / Fixtures $37,000.00 Other Assets
Full-Time Employees 1 Training Period 2 weeks from date of closing
Part-Time Employees Special License Required
Contract Staff Reason for Selling Moving to another State

The information contained herein was received from the Seller and is deemed reliable but not guaranteed. First Choice Business Brokers (FCBB), has relied upon the Seller to provide the above details and has NOT verified this information. FCBB is not responsible for and does NOT warrant any statements, projections or any information provided by the Seller. The User/Buyer will be solely responsible for verification of the Seller's profits and business operation. By acceptance of this document, the Buyer/User agrees that all information contained herein is strictly confidential and will not be disclosed to any other party without prior written authorization. The Buyer/User confirms and understands that FCBB has NOT performed an independent investigation of the business or figures quoted herein.

FCBB strongly recommends that a Buyer should seek legal and accounting advice prior to purchasing a Business. Any change to the above information requires both the Seller's and FCBB's written approval. Any change made to this document without FCBB and Seller approval is not valid.