4705 Frankford Avenue, Philadelphia, PA 19124

Property Description

Right in front of a major city subway station, in a busy area with lots of people and cars, this three-story building has a basement. The first floor is a well-equipped beer deli, with current weekly sales of $19,000. It's run by three family members. Electricity, gas, and water bills are $1,000 per month, and building and business insurance is $5,000 per year. NO Food , beer accounts for nearly 90% of seller's sales. The remaining 10% is candy, potato chips and other snacks. sell a lot of loose beer so very profitable. There's a metal fence behind the building and can park one or two cars there. The second and third floors are occupied by four-bedroom apartments. 1 unit , If you lived on the second and third floors and operated the business , you could expect a net income of $280,000 per year. Dividing the $950,000 price byreal estate and business , $350,000 for the building and $600,000 for the beer license and business

Property Features

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