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Business For Sale

Deli - Possible Convenience Store,Cafe or Pizzeria

Newtown, CT, USA

Food & Beverage: Restaurants, Fast Food, Deli

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$59,900
$172,500
Not Disclosed
$15,200
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
2003
1
84822770

Business for Sale Overview:

A 2,177 s.f. Deli and Market which could also be a Convenience Store or Pizzeria on Route 25 in Newtown, CT. Business for Sale Or Lease with or without the Real Estate which includes a 5 room, 2 bedroom apartment on .30 acres. This 2,177 s.f. Deli is located on Route 25 in Newtown, CT. It is a corner location on a main commuting road. Other possible uses include a different theme Deli, Convenience Store, Catering, Cafe, or a Pizzeria. Take advantage of all the available space and traffic passing in front of this property. Business For Sale or Lease With Or Without Real Estate. There are 2 ways you can buy...1. Pay $59,900 for the business plus rent of $2,700 per month. 2. Pay $474,900 to purchase the business & real estate.

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:

Other possible uses includes a different theme Deli, possible Pizza use, retail and office – maybe try to make a deal with the neighbor and develop something to take advantage of all the traffic passing in front of this property – see picture. Situated in Newtown’s B-1 zone. Current theme is a Deli & Market with Greek and American groceries serving breakfast, lunch and dinner. Also does catering. Bought business & Real Estate in 2003. Hours of operation: Monday thru Saturday 6:00 to 6:00, Sunday 8:00 to 3:00. Owner works full time with wife and part timers as required. Last year’s reported sales were +/- $3,000 per week. Owner feels the way he is presently operating – emphasizing Greek food - is not the best for this area – thinks another theme (or even use) might be better. Since owner is planning to move out of the area – he isn’t planning to make any changes – will leave that for new Owner. Corner location on busy Route 25 with .30 acres of B-1 zoned land. Total useable s.f. is +/- 3,084. Deli is +/- 2,177 s.f. and the apartment is +/- 907 s.f. Nice back yard too! Frontage on 2 roads +/- 117’ and 96’. Taxes are $7,798. Equipment includes a walk-in cooler, refers, coolers, stove, hood, dough maker, pizza oven grill etc.

Reason for Selling:

Moving out of area

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.
 

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