ABSENTEE RUN – Additional Cash Flow of 50k should be added for an Owner Operator. Revenue has almost doubled in 3 years. Sales include Lottery/ATM 7k and RIP 6k. Excellent location near Lincoln Tunnel exit. Attract NY buyers. Rent extremely low and below market value. Sales are 40% Wine, 30%, Beer, 30% Liquor. D License value 120k. Located in an extremely safe and clean area; saturated with apartment houses. Rapid resurgence with building development in area. Store still going thru rapid growth period. Additional years of increased volume are inherited. Landlord will extend lease option.
Well-kept store surrounded by apartment dwellers; below market lease; plenty of refrigeration; price and overhead for this store can give competitors nightmares.
In this ripe developing area continued growth will continue to prosper
This specific store has upkeep advantages that other competitors cannot meet due to upkeep; location mainly & terrifically lease hard to compete against