Description
Completely new convenience store - delicatessen business for sale in prime Williamsburg, Brooklyn location.
The space offers the following:
* Approximately 2000 square feet of interior space
* Full Basement for storage
* Private backyard with approximately 800 square feet
* New went - exhaust system in place
* Beer license in place
* EBT license in place
* Deli License
* Central air
* Surveillance
* 10 years lease with 5 years option to renew
* 3% Increase yearly rent increase
* No property taxes
* Tenant pays only electricity
* Approximately yearly gross income $572,000
Expenses
* Monthly rent $8,000 - Yearly rent $96,000
* Insurance $2,800
* Electricity $21,600
* Total yearly expenses $120,400
* Net operating income $451,600