$110,000
$150,000
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2,946 SqFt
SOLD DATE : 12/15/2023
Key Details
Sold Price $110,000
Property Type Commercial
Sub Type Retail
Listing Status Sold
Purchase Type For Sale
Square Footage 2,946 sqft
Price per Sqft $37
MLS Listing ID MDHR2025622
Sold Date 12/15/23
Originating Board BRIGHT
Year Built 1935
Annual Tax Amount $3,267
Tax Year 2022
Lot Size 8,890 Sqft
Acres 0.2
Property Description
Extremely profitable deli shop business for sale in downtown Havre De Grace. This shop has been in business for the past 40 years and has amazing reviews on every site we could find. Currently they have a limited menu of Subs, Pizzas, and Salads. The owners operate the business from 10am - 5pm Tuesday thru Saturday which allows future upside for Buyers looking to operate 6-7 days/week. They used to make 1.5 times the sales they do now when they did the dinner shift to 10pm. Additional upside exists by allowing customers to pay with CC and doing delivery services. On average they do $7000/week in sales and after all expenses, more than 50% of that is profit.
The rent on the space will be $2300/month with tenant responsible for BGE, trash, cable, interior repairs/remodel. The store is approximately 1000sf. The owners are only permitted by the city to do ‘pre-cooked' food here. There is no hood vent or grease frier or cooking permitted on site. They cook their cheese steaks at home and bring them to the location to be reheated fresh daily. The owners are looking for someone to come in and pick up where they left off with a turnkey business that generates significant cashflow week after week and a customer base that is hungry and loyal!
Location
State MD
County Harford
Zoning RB
Interior
Hot Water Other
Heating Radiator
Heat Source Electric
Exterior
Garage Spaces 3.0
Water Access N
Accessibility Other
Total Parking Spaces 3
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District Harford County Public Schools
Others
Tax ID 1306035523
Ownership Other
SqFt Source Assessor
Special Listing Condition Standard
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4221 Forbes Blvd, Suite 240, Lanham, MD, 20706, United States