Business for Sale Overview:
This is a long well established convenience store in the south end of Hartford. Its been at the same location for over 10 years and owned by the present owners for 5 years.
The store sells the standard venue of groceries, dairy, lotto, cigarettes etc - BUT the big draw is the store's reputation for its Greek Food Products. All the Greek cheeses, meats, frozen products, virgin olive oil and on and on. Customers come from all over for these Greek products - as far away as Springfield, Massachusetts, Colchester to Avon, CT, the Hartford area and more.
The store has potential to a lot more sales with Greek Holidays and being opening on Sunday.
The store will be sold with the real estate. The real estate consists of the store on the 1st floor and apartments on the 2nd and 3rd floor. The rent roll (not including the store) - just for the apartments is $44,000 a year. The business is priced at $100,000 and the real estate at $345,000 (just had commercial appraisal performed).
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Purchase price includes the business and real estate. The store will be sold with the real estate. The real estate consists of the store on the 1st floor and apartments on the 2nd and 3rd floor. Rent roll just on the apartments is $44,000 a year.
Market Competition and Expansion:
Good opportunity to expand the daily business, open on Sunday and take advantage of the Greek holidays.
Reason for Selling:
Owner has other personal interests.
Additional Details:
- The property is owned.
- The owner is willing to train/assist 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.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.