New Haven County, CT Supermarket For Sale - 28377

New Haven County, CT
New Haven County

Asking Price: Annual Revenue:
$600,000 $812,000

Food & Beverage: Grocery & Food Stores

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RE: New Haven County, CT Supermarket For Sale - 28377 Broker: Syed Ahmed

Quick Facts

Asking Price: $600,000
Annual Revenue: $812,000
Net Profit: Not Disclosed
Cash Flow: $105,780
Total Debt: Not Disclosed
FF&E: $45,000
Real Estate: Not Disclosed
Year Established: Not Disclosed
Employees: 4
BBN Listing #: 13604447
Broker Reference #: 28377

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Business Overview:

This fifty years old supermarket is located in a densely-populated area in New Haven County. Seller owns it for fifty years; now he wants to retire and wants to sell with property, with $400,000 as a down payment. He is willing to hold a mortgage. Store has cigarettes, beer, vegetable & fruits, deli, ATM, etc. It is a typically neighborhood store which takes care of the daily needs of its clientele. Its size is 5,000 square feet; free standing building with its own parking space. It is being run in an old- fashioned way; needs a new face with new ideas to expend the business, and thus revenues. Its weekly gross sale is over $16,000. Seller is too old to run it further. Great, great, great opportunity for a new buyer. Seller's net cash flow, after paying all the expenses, is over $8,000 a month. Please contact us for more information.

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Reason for Selling:

Seller is retiring.

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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