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.
2009 sales were $154,000 and net income of $83,000 so the store is quite profitable. 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. You can buy just the businessand lease the store for $1500.00 a month, or buy both the business and real estate, your choice. 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 real estate is also available at $345,000 (just had commercial appraisal performed). Please call or visit us at www.hbbus.com
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
XStore is about 1400 sqaure feet and located on the first floor of this 3 story building. Apartments are on the 2nd and 3rd floors.
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.