Convenience Store

Not Disclosed, CT
New London County


Asking Price: Annual Revenue:
$650,000 $236,400

Food & Beverage: Convenience Stores


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RE: Convenience Store Broker: corporate business brokers

Quick Facts

Asking Price: $650,000
Annual Revenue: $236,400
Net Profit: $85,725
Cash Flow: $85,725
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 2
BBN Listing #: 720214750
Broker Reference #: 00877

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Business Overview:

Convenience-Store that was established for more than 50 years. Does great volume in sales about 50,000 per month and has a fully equipped kitchen so the new owner can just bring the inventory and sell fried chicken and run a deli there. Great location for that purpose, it's a neighborhood store. Also accepts EBT and does good volume in the lottery. The owner is retiring after running the store for all these years. The property and the store is for sale for $650,000(owner financing is available for approved buyers)There is also a space attached to the property and could bring at least $2,000 in monthly rent. The new owner can extend the business hours to increase the revenue. By selling chicken and sandwiches there, the volume will increase at least 30%. great opportunity to be run as an owner-operator.

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Reason for Selling:

Personal

Additional Details:

  • The property is owned.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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