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Businesses For Sale > Business For Sale in Greater Middletown area, Connecticut (CT)

Convenience/Deli with Real Estate Available for sale in Greater Middletown area, CT

Greater Middletown area, Connecticut (CT)

Asking Price: Gross: Cash Flow:
$ 125,000 $ 365,000 $ 60,910

Real Estate:
$ 299,000 (not included in the asking price)

Business Summary:
Located in a small suburban town in the greater Middletown area, Store operates on a 40-42% gross profit. The deli portion of business generates about 75% of total volume which includes sandwiches, soups, coffee, etc. They are making between 20-25 pots of coffee per day – high profit product. Owners are expanding space for the coffee operation. Store operates with (2 ) partners and (3) part-timers with total part time hours of around 50 hours per week. Store hours are Mon.-Sat. 6 AM-6 PM and Sunday 6 AM-Noon. The store operates with 2 people mostly and may need a 3rd person in the 11 AM-1 PM time frame. Lottery is about $14,000. Financials are estimated.

 

   
Number of Employees: 3 pt  
   
Facilities / Terms of Lease: Business is being offered with real estate which consists of free standing building on 1/4 acre lot with a total square footage of nearly 2800 s.f. The store is 1800 s.f. The real estate is offered at $299,000. There is another rental unit next door from which the owner receives $825 per month in rental income. The owner prefers the sale of real estate with the business but would consider a lease arrangement with a starting rent of $2500/month.  
   
Potential Growth/Expansion: Expand hours of operation.  
   
Owner willing to train: Owner will advise.  
   
Seller Reference Number: 1338RF
BusinessMart.com Listing Number: 97346
 

 

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For more info contact:

Alicia Larson

Larson Associates
860-529-8181

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