420 SAVANNAH RD , LEWES, DE 19958

  • $395,000
420 SAVANNAH RD , LEWES, DE 19958
Closed Very Good
420 SAVANNAH RD , LEWES, DE 19958
420 SAVANNAH RD , LEWES, DE 19958
  • $395,000

Overview

Property ID: DESU2047438
  • Business Opportunity
  • Property Type
  • 3400
  • Sqft
  • 1980
  • Year Built

Description

BUSINESS FOR SALE! Prime beach tourist location and very successful 30+ year business opportunity in Lewes. 3400 square feet of retail space, plenty of parking, and very high AADT on Savannah Rd. This business is currently a full-service deli and convenience store including tobacco, ATM, and beach clothing and accessories establishment. The deli and clothing/beach accessory stores are separated by a wall, so this can be operated as independent businesses for the new operator (provided landlord agrees.) This convenience store is the highest lottery ticket sales shop in the county with extremely high owner revenue. Full financial disclosure with NDA. This is a business that will make you the income you desire from the first day of ownership. This business opportunity is for the business and does not include the real estate. Seller currently has a 5-year lease option with a number of options for a purchaser to extend their lease. (The purchaser will need approval from the landlord.) There are two offices, walk-in coolers, on floor ice cabinets, outside ice chest, air compressor, soda machines, shelving, serving counters, ATM machine. This establishment is fully stocked and ready to go. The lottery commission process generally takes 60 days so it is incumbent on the purchaser to make an application as soon as a contract is agreed upon so there is no lag in lottery sales to the public. Two blocks to the beach, two blocks to the canal, easy walk to the town center. Store inventory sold separately by agreement. PLEASE NOTE: This is a business for sale, NOT the Real Estate.

  • Address 420 SAVANNAH RD
  • City Lewes
  • State/county DE
  • Zip/Postal Code 19958

Details

Updated on January 2, 2024 at 3:33 pm
  • Property ID: DESU2047438
  • Price: $395,000
  • Property Size: 3400 Sqft
  • Garage Size: x x
  • Year Built: 1980
  • Property Type: Business Opportunity
  • Property Status: Closed

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**Property Disclaimer** The information we provide about this property is believed to be accurate to the best of our knowledge; however, it may change without notice. We are not liable for any mistakes, errors, or omissions in the information presented. We strongly recommend that you conduct your own research and verify all details independently to ensure accuracy. Your diligence in seeking correct information is essential before making any decisions. " Homes Trade Hub "

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