Grocery & Cafe & Bar For Sale-24132

Not Disclosed, CT
Fairfield County

Asking Price: Annual Revenue:
$300,000 Not Disclosed

Food & Beverage: Grocery & Food Stores

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RE: Grocery & Cafe & Bar For Sale-24132 Broker: Nathan Goldstein
Owner Financing is Available!

Quick Facts

Asking Price: $300,000
Annual Revenue: Not Disclosed
Net Profit: Not Disclosed
Cash Flow: Not Disclosed
Total Debt: Not Disclosed
FF&E: Not Disclosed
Real Estate: Not Disclosed
Year Established: 2013
Employees: Not Disclosed
BBN Listing #: 46834447
Broker Reference #: 24132

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Business Overview:

A complete new Grocery Store, Cafe Restaurant & Bar (valid liquor license) in a major city in Fairfield County Connecticut. This is a fantastic Hip, Modern & Urban grocery store with deli, fresh fish & meat section. A fully stock cheese bar. In addition, a restaurant/bar adjoin with its own entrance/exit, capable of sitting 46 customers. This turnkey business is located in a busy downtown city. This prime store size is 7,500 square feet of new equipment, with a modern hip store decor. Lots of foot traffic in an area which is undergoing major construction projects. Because of the business as an important anchor tenant you will have at least 6 months rent-free. Bottom line- you will get in on a great deal, with tremendous upside for growth. This is a new business currently in operation for approximately 5 months averaging $45,000 per month. A very astute business person can triple this gross within a few months. This is a turnkey operation. This dynamic multi-income [grocery store, cafe, Restaurant/Bar] business can be yours for a reduced price of only $300,000. Only serious inquiries will be entertained, since the seller do not want to meet with any buyer before they are properly screened. This complete turnkey operation was built out this year 2013, at a cost of over 1.5M. As such, this entire operation can be yours for less than a third of the built out cost. The reason for this is the seller has several other businesses, and recently undertook a much larger venture, which resulted in serve time constraint, and now they do not have the management or time to focus on this operation. This is a highly-motivated seller. In addition, seller will entertain a strategic partnership with someone/company with the capability to take over the day to day operation of management. The seller values confidentiality.

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Reason for Selling:

Seller lacks the time.

Additional Details:

  • The property is leased.
  • The owner is 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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