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Spotless Convenience Store w/Lotto in Densely-Populated Neighborhood

Connecticut (Fairfield County)

Retail - Convenience Stores

$Seller Financing Available

Asking Price $160,000 Inventory $2000* 
Gross Income $312,000 Real Estate  
Cash Flow $127,060 Year Established 2008
FF&E $12,000* Employees 1pt

* included in the asking price

** not included in the asking price

Newly-renovated convenience/grocery store just off busy suburban highways in diverse residential neighborhood. Retiring owner states that a little attention and energy and focus on customer demographics--would boost revenues substantially. Lotto alone pays the rent. For more information, Call Tom or Rob @ First Choice Business Brokers 914-358-3550

Facilities: Leased, 850 sq. ft. bright & clean storefront in strip mall along busy road feeding onto highways. Hair salon and laundromat in mall provide added draw. Lots of street parking along front of strip mall. Includes all refrigeration equipment, shelving and displays.

Competition: No other convenience store with beer license in close proximity, and no grocery stores tending to local ethnic populations.

Growth/Expansion: Hours can be expanded (currently closes at 9PM daily and is closed on Sunday). Owner states that expanding ethnic grocery offerings, beer & soft drink selections, and adding coffee service would enhance business significantly. Owner also states that store has been approved for Western Union service and that this addition would greatly increase store traffic and revenue, as would compliance with government food stamp and WIC programs.

Seller Financing Available: Yes

Financing: Will consider alll offers

Support/Training: Yes

Reason Selling: Wants to retire

Business For Sale By

Tom Clifford

914-358-3550

First Choice Business Brokers

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