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Businesses For Sale > Business For Sale in Tampa Bay Area, Florida (FL)

Deli/Convenience Store for sale in Tampa Bay Area, FL

Tampa Bay Area, Florida (FL)

Asking Price: Gross: Cash Flow:
$ 295,000 $ 600,000 $ 223,164

Furniture and Fixtures Value:
$ 100,000 (included in the asking price)

Inventory Value:
$ 25,000 (not included in the asking price)

Business Summary:
This well-known deli/convenience store in the Tampa Bay area was established for over 30 years ago and is centrally located in a high traffic area surrounded by a hospital, schools, and densely populated residential neighborhoods. Convenience store comprises 70% of sales volume. Discretionary earnings for a two month period are $37,194 annualized at the current revenue and expense rate discretionary earnings would be $223,164. The convenience store merchandise includes beer, wine, cigarettes, and a variety of miscellaneous high demand grocery items for local area customers. Due to its excellent location and reputation, the store draws a lot of repeat traffic as well as new customers on a daily basis. Recent improvements to the deli have been made with the purchase of deli coolers, new refrigeration equipment, a new prep station, and cappuccino and ice tea machines. The deli now has a larger selection of menu items. Offering fresh sandwiches made daily, and other delicious fare, the deli section has three booths to accommodate customers who wish to dine on the premises. Deli sales have increased with the improvements and additional advertising in local area newspapers. This is a great small business opportunity that can grow and expand with the right energetic innovative buyer.

 

   
Number of Employees: 2 PT  
   
Potential Growth/Expansion: Strengths: Due to its excellent location at the apex of a high traffic area in the Tampa Bay community and its reputation of friendly, fast service the store attracts a great amount of new and repeat customers on a daily basis. Weaknesses: The store needs to implement a stronger pro-active marketing plan that will maximize revenue generation allowing for a greater recognition of profits. Competitors: Closest competitors are not within a one mile radius of the business. Due to location, reputation and longevity the business is ranked at the top in the surrounding area.  
   
Competition: Currently the business advertises in the newspaper as it only means of marketing. A. A new energetic buyer could design and implement a pro-active aggressive marketing plan that includes flyers, and coupons distributed at the hospital and local schools offering incentives and discounts for new and existing customers. 1. A direct mail advertising campaign could be included in the overall plan directed to surrounding neighborhoods. a) Both forms of additional advertising raise awareness and could generate an increase in sales and overall earnings for the business. B. The addition of a web site with ordering capabilities for lunch time deli selections providing fast pick-up service to hospital staff and visitors and/or a delivery service has the potential to increase revenues. C. Other forms of advertising could be pursued to heighten awareness and generate new customers to patronize the store from the local area.  
   
Owner willing to train: 2 weeks  
   
Reason for selling: Divorce forces sale  
   
Seller Reference Number: 4147-1016
BusinessMart.com Listing Number: 66639
 

 

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