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Connecticut Business For Sale |
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| DELI AND VARIETY NEAR THE LAKE |
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| Attn: C. J. (Charlie) Vlahos |
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| New Fairfield, CT, USA |
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| Asking Price: |
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$76,900 USD USA Dollars |
| Business for Sale Industry: |
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Food & Beverage: Restaurants, Fast Food, Deli |
| Reason for Selling: |
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Retirement |
| Year Established: |
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2006 |
| # of Employees: |
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2 |
| Yearly Revenues: |
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$197,600 |
| Yearly Cash Flow: |
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$58,900 |
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Business for Sale Overview:
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This +/- 500 square feet Deli & Variety located near a popular Lake & Pond in New Fairfield, CT serves breakfast & Lunch – coffee, sodas, sandwiches, soups etc. – has grocery items, cigarettes, firewood in the winter, fishing bait in the summer and just got Lotto! Also sells items picnickers use like condiments, charcoal, grills beach toys etc.
Hours of operation are Monday through Friday 6:00am to 3:00pm and 7:00am to 3:00pm on Saturday & Sundays. Besides the Owner you need another helper during breakfast & lunch & on the busy times on weekends. How you do this – with full-timers or part timers is up to you. Perfect for family with working age children. Sales are estimated over $3,800 per week. At this level of activity and selling at a 65% Gross Profit – Owner’s Cash Flow would be estimated at +/- $59,000.
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Property Features and Assets:
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This business is special because its location is near a popular CT pond & lake in New Fairfield, CT. Besides being able to capitalize on visitors & picnickers the business takes advantage of the busy commuter road it is located on. Commuters going to Danbury or New Milford/Sherman pass by. There is 5 years remaining on the lease. Rent is currently $1,070.80 per month (modified gross) plus 20% of real estate taxes over start base. Rent increases 5% every year. Inventory is extra +/- $10,000.
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Additional Details:
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- The property is leased.
- The owner is willing to train/assist the new owner.
- The owner is not willing to work for the new owner.
- This is not a homebased business opportunity.
- This is not a franchise opportunity.
- This is not a distressed business or bankruptcy situation.
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