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Business For Sale
CONVENIENCE STORE OPPORTUNITY!
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Asking Price: |
$89,900
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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Owner realizes that store needs an owner/operator. |
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Year Established:
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2000 |
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# of Employees:
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2 ft , 2 pt |
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Yearly Gross Income:
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$370,000 |
Business for Sale Overview:
Superbly equipped convenience store in densely populated area only open Monday- Friday and closes at 6:00. Opening evenings and weekends provides generous opportunities for $150,000 sales increases. $370,000 is the average sales over the last 4 years. Absentee ownership lost hired manager last year and sales declined, new working owner with expanded hours should earn at least $60,000 net. Store has lottery. Excellent off street parking allows easy access for picking up items 'on the way home from work'. Store equipped with commercial grade grill and hood, fryolater and bay marie for a buyer interested in doing lunches, fries, burgers, etc.
Property Features and Assets:
Free standing building 1,150 sq. ft. with full basement. Lease is $1,500/mo. plus utilities. Present owner is the landlord.
Market Competition and Expansion:
This is a densely populated mostly residential area of New Britain, with several other neighborhood markets, variety of stores and liquor stores.
Additional Details:
- The property is owned.
- 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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