This Property is no longer advertised on Showcase.com.
Off Market
1/31

4624 Rhawn St
Philadelphia, PA 19136


HIGHLIGHTS

  • 4.2M Gross Sales/ year
  • 45 year Established Family Business
  • Deli, Convenience Store, Super Busy 7 day a week Take-Out for breakfast and lunch , Lottery and Catering

OVERVIEW

Seize this incredible opportunity to purchase this family owned Deli owned and operated for 45 years from this location. This super high volume business has maintained a solid reputation that started in the neighborhood and now reaches far beyond. The current owners are now looking to retire and pass on this turnkey incredible business opportunity to the future owner in the hopes to see it carry on for another 40 years. The business is Al's Corner Deli located and the corner of Rhawn and Torresdale in the densely populated Mayfair area. This turnkey operation has been consistently growing each year, year after year even during the challenging times of a pandemic. The business has an enormous 7 day a week breakfast and lunch take out business, a convenience store, large deli, fresh baked goods area, self-serve coffee counter, lottery and a very solid off premise private catering business humming in the background. Gross sales are 4,000,000+/year. The business has a very loyal customer following from within the areas business community and the numerous local residents as well as the many loyal customers who have moved away but still come back for their Homemade favorites. This Sale includes Goodwill, All Equipment, Recipes, Inventory and Real Estate. The following real estate is being offered : 4624 Rhawn Street (main corner building with approximately 7800 sqft with two (2) apartments, 2 bedroom each on the 2nd floor), 7924 Vandike Street (56 x 134 lot across the street for overflow parking), 7999 Torresdale Ave (small piece adjoining lot) and 4705 Decatur Street (3 bedroom twin home with a large adjoining lot used in combination for overflow parking). Serious inquiries please contact the Listing Agent for more detailed information and please do not go into the store without an appointment as a courtesy to the Seller and their nearly 40+ employees.

FOR SALE DETAILS

PRICE

-

CAP RATE

-

% LEASED

-

TENANCY

-

BUILDING DETAILS

PROPERTY NAME

Al's Corner Deli

PROPERTY TYPE

Retail

PROPERTY SUBTYPE

Restaurant

TOTAL BUILDING SIZE

8412

STORIES

2

YEAR BUILT

1940

SPRINKLERS

-

PARKING SPACES

7

LAND DETAILS

LAND ACRES

-

LAND SF

-

ZONING

-

APN/PARCEL ID

871299200