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Business For Sale

CONVENIENCE STORE

Attn: C. J. (Charlie) Vlahos
Danbury, CT, USA
Listing Number: "220"
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Asking Price: $79,900 USD USA Dollars
Business for Sale Industry: Food & Beverage: Conv & Food Stores  
Reason for Selling: Other Interests
Year Established: 1999
# of Employees: 1
Yearly Cash Flow: $30,000
Yearly Gross Income: $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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