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Business For Sale
CONVENIENCE STORE
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Asking Price: |
$79,900
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Conv & Food Stores
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Reason for Selling:
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Other Interests |
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Year Established:
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1999 |
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# of Employees:
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1 |
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Yearly Cash Flow:
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$30,000 |
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Yearly Gross Income:
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$245,000 |
Business for Sale Overview:
Here's a rare opportunity to get a "C" (Conveience) & Variety Store on a commuting road in a residential area of Danbury, CT. This road connects New Fairfield, Sherman and the area's lakes & ponds with Danbury and I 84. It sells all kinds of snacks, candies, drinks (no beer), papers & magazines, cigarettes & Lotto. The lotto commission last year was over $35,000! Business established in this small strip mall in 1999.
Store hours are 6:00 to 8:00 Monday thru Friday and 7:00 to 7:00 on the weekends. The store is 900 s.f. and is small enough for 1 person to run the business at all times. This year it looks like sales will average about $600/day or $4,038/week. At this volume and assuming the Owner and 49 hours of part time/full time labor, Owner's Cash Flow should be +/- $30,000.
Property Features and Assets:
The store is in the northern part of Danbury, CT on a heavily traveled road connecting Danbury & I 84 with New Fairfield & Sherman. The store is 900 s.f. with a check out counter and Lotto area, bathroom and a small kitchen area behind the coolers in the rear of the store. Rent is $1,300/month gross and includes garbage. A new lease would have to be negotiated with the Landlord. Selling Price is $79,900 + Inventory (+/- $8,000).
Additional Details:
- 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 resale opportunity.
- This is not a distressed business or bankruptcy situation.
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