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This is a corner "beer deli" located in a great neighborhood with excellent business potential. The property appears to be a three-story building; the ground floor houses the beer deli, which features a seven-door cooler and a well-equipped kitchen. It is also secured with bulletproof glass. Currently, the business focuses on selling items like beer and candy rather than prepared food; weekly sales average $10,000. Annual expenses include approximately $10,000 for utilities, $1,900 for property taxes, and a combined $4,500 for building and business insurance. It is currently owner-operated by a couple with no additional staff, and they operate from 10 AM to 10 PM. Because they sell a high volume of individual beer units, profit margins are higher than at similar locations. Monthly net income-including the owners' wages-is around $12,000. The second floor offers seating, and the third floor contains a two-bedroom apartment. The building has an impressive presence, and a new owner could significantly boost sales. It is situated right on the corner. There is a separate entrance for the apartment, allowing access even when the shop is closed, and a driveway along the side and rear of the building adds great convenience. Street parking is available on both sides of the corner. The entire package-including the building, licenses, apartment facilities, and business-is listed for $450,000. If broken down, the building is valued at $250,000, while the business, licenses, and other assets total $200,000, making the combined price $450,000. This location offers the potential for significantly increased sales if the owner lives in the two-bedroom apartment and introduces a food menu.

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Market Activity 19142

MLS Number: PAPH2651390

Listing Provided By: Peter Han – (215) 668-1666 – pkbroker7@gmail.com

PK PROPERTY INC. – (215) 635-5100 – pkbroker7@gmail.com