Convenience Store/Deli Business for Broker in New Haven County, Connecticut

Business:Convenience Store/Deli Business for Broker
County, State: New Haven County, Connecticut
Business Type: Convenience Store, Delicatessen/Catering Services, Other Eating & Drinking Places

Summary Description

Established convience store w/ deli, in affluent shoreline community on busy Rt 1 CT location. Located between two exits on major highway close to main road leading to charming New England town green. This store has excellent potential with Deli case, walk-in cooler, beverage coolers and commercial stove w/venting system. Within the 3 years the present owner has owned this business, he has almost tripled the LOTTO business up from a meager $5,000 annual commission to $14,000 annually commission today. A new owner with drive and a keen business sense can continue the growth to higher levels by increasing traffic and revenue by extending hours of operation, presently opening at 8:30am, it misses most of the breakfast crowd.

About the Sale

Asking price: $70,000 (USD)

Total Revenues: $141,510 (USD)

Cash Flow: $35,138 (USD)

Financing: $60,000 down and $10,000 @ 8% FOR 12 MONTHS

Reason Selling: NA

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