John Payne

John Payne

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860-868-3431

EXPERIENCED. PROFESSIONAL. LOWEST COMMISSIONS. OUTSTANDING RESULTS.

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Century Business Sales provides full-value sales for Sellers and fully-informed purchases for Buyers. CBS President John Payne, Harvard graduate and successful senior executive, provides full and accurate information on all businesses to enable Buyers to make clear financial decisions. Because of the trust placed in CBS by both Sellers and Buyers, many of CBS listings are sold before they reach the internet.

Services Offered:
CBS services include: (A) Sales of Businesses at the lowest commissions in the industry. (B) Business Searches for Buyers. (C) Drafts of Letters of Intent, Purchase/Sale Contracts, Management Contracts and Leases,(D) Financial and Financing Advice including introductions to third party lenders. (E) Preparation of Applications and Business Plans for loans including Small Business Administration guaranteed financing.  
Areas Served:
Fairfield County, Connecticut. Litchfield County, Connecticut. New Haven County, Connecticut. Hartford County, Connecticut. Middlesex County, Connecticut.  
Company:
Century Business Sales was founded in 2004 to provide Sellers and Buyers of small businesses the same level of professional service extended in the purchase and sale of larger businesses. The CBS Team includes the best and most reasonable marketing, sales, purchasing, accounting and legal advice. CBS Brokers are educated and experienced. Overhead costs are kept at a minimum to provide the lowest commission rates in the industry.  
Affiliations:
CBS President John Payne graduated from Harvard University and received additional training in law, business administration and finance during his successful international business career. John's responsibilities have included senior management of businesses in the United States, Europe and Far East. He has served as advisor to President Gerald and Governors of Connecticut.  
My Links:
www.centuryBizSales.com  

Established Businesses For Sale

Asking

Cash Flow

Location

$622,000 PIZZA RESTAURANT

  $275,000

  $175,000

New Haven County, CT

Popular and established Pizza restaurant on main avenue in large city with huge number of college students. All equipment, facilities in good shape. No near-term replacement or investment required. Asking price only 1.6 times EBITDA - far below 2.2-2.5 times times EBITDA average for Pizza restaurants. $175,000 ANNUAL RETURN IS IN ADDITION TO $182,000 PAYROLL WHICH IS AVAILABLE TO NEW OWNER'S...

Redevelopment Opportunity! CT Liqu...

  $180,000

  N/A

Fairfield, CT (Fairfield County)

BEST BUY IS BEFORE NOT AFTER

In an urban redevelopment area, $700,000 sales brings an owner/manager $125,000 to $150,000 cash annually and the real estate (with 6 apartment rental income) is available at a bargain price. Redevelopment has already made the area safe, clean and growing. In the next few years redevelopment will have changed the whole area with 300-400% return on current investment. So it is not downtown...

CT Shoreline Liquor Store

  $425,000

  $160,000

New England

$160,000 NET TO OWNER

Package Store on CT shoreline ideal for sales to land and sea clientele. Location plus large selection of wines, spirits and beers result in annual sales of $1,240,000 at 22% gross profit. Low operating costs provide $160,000/year net income to owner. Great opportunity at asking price of $425,000. Call 203 762 5790 for details and an appointment with the seller.

Tires, Car Repair $200,000 Return

  $90,000

  $200,000

Tolland County, CT

CT Tires, Auto Repair

Tire and car repair in Tolland County CT. Ideal location on main commercial route. All equipment for testing, tire replacement and repair. Additional basic car maintenance and repair also available. 2014 sales annualized at $940,000 with $200,000 EBITDA to owner. Landlord sold the business in 2014 but new owner misused the funds from the business and the landlord was forced to take it back...

CT Package Store Growing, High-Mar...

  $339,000

  N/A

Hartford County, CT

High Class Package Store

Hartford County (but not Hartford) affluent suburb wine/spirits/beer (package) store in modern, well managed shopping mall on main commuter road. Sales are $725,000/year at 26% gross margin. $120,000 annual return to owner. Asking price high to eliminate low bidders. Call 203 762 5790 for details and negotiations with Seller.

$1MM Liquor. Captive Market.

  $395,000

  $150,000

Fairfield County, CT

CALL 203 762 5790

1700 SF liquor store in smaller, well kept mall on the border between Fairfield and Litchfield Counties just north of Interstate 84. Next to the area post office in the mall bringing lots of traffic. High 25-26% gross margin and low operating costs brings absentee owner $150,000/year. Excellent and economical manager available. Long-term lease available. Great investment. Call 203 762 5790.

Classic CT Town Package Store.

  $250,000

  N/A

Litchfield County, CT

QUIET TOWN. GOOD PEOPLE. INCOME.

Ideal, typical New England town with excellent school system which has attracted young professionals and two-wage-earner households. Clean, safe, orderly and sophisticated. Store established 55 years. Managed by current owner's wife. Rustic, wine-cellar atmosphere. Most customers first name basis. Easy to manage by one person. First and second floor storage with case elevator. Large...

Famous Pizza - Ideal Location

  $285,000

  N/A

CT

34 YRS, $ 450M SLS, $150 EBITDA

Famous pizza parlor for 34 years in exceptional location. Take-out service only with casual outside tables in open, scenic area. Includes all equipment and fixtures (valued at $150,000) for Pizza and full Italian Menu. Known for thin-crust, stone-baked and excellent toppings - far better than franchise pizza in ingredients and recipes. A neighborhood fixture in a high population density area...

Elegant Italian Bistro

  $60,000

  $45,000

Fairfield County, CT

Best Buy for Upscale Italian and Jazz

Elegant pizza restaurant in high profile location in busy shopping center in northern Fairfield County CT. Known destination for exceptional food - owners trained in Italy. In addition to 50-seat high-end decor dining, full kitchen plus pizza equipment/oven - all as-new and meeting code and currently valued at $80,000. Profitable from day 1 with high $90,000 payroll which could be paid to new...

Sophisticated Wine Store for Sale

  $450,000

  N/A

Litchfield County, CT

Pleasant profitable pastime.

Gentleman’s wine store with first-name, affluent and sophisticated clientele. Selection exceptional. Over $1 million in sales and low operating costs provide steady, annual EBITDA OF $176,000 (up 5% in 2014). Products include wines, high-end spirits and craft/ unusual brews. Store serves three of the most wealthy towns in Connecticut. Real estate available on main commuter road for only...

Family pizza restaurant

  $150,000

  $150,000

Hartford, CT (Hartford County)

Profits plus Jobs for the Family!

Family pizza restaurant with 3 family members as staff. Great business for similar situation or good return for owner/operator or absentee owner.

Brand new store, great opportunity

  $129,000

  N/A

Wallingford, CT (New Haven County)

Brand new store

Owner opened store for wife, she got full time high paying job and now has no time to operate store. Owner just wants to recover investment. Has built good store with great inventory. Make offer

High margin Liquor store

  $195,000

  N/A

Fairfield, CT (Fairfield County)

NOT BEAUTIFUL, JUST VERY PROFITABLE!

Very profitable local liquor store. High margins due to type of sales and smart buying. One block from large university and close to seaside.

$1MM Sales. Must Sell Now.

  $400,000

  $181,550

Fairfield County, CT

THINK. BID $340M FOR $1MM SALES @ 28% MARGIN & BARGAIN LEASE.

3600 SF Liquor/Beer/Wine Store on main avenue of Fairfield County city. Established 30 years. Last 5 years average over $1,000,000/year in sales. High margins due to location and high sales volume in small sizes and singles. Safe, clean neighborhood. Minutes from Route 8. Sellers own many buildings in the area and will adjust rent to ensure Buyer success. Sellers (brothers) both...

Growth Liquor Store

  $60,000

  $35,500

Meriden, CT (New Haven County)

"We grew a small store by having regular hours and better inventory" (Answer to "How did you start" from one of biggest CT liquor store owners). For $75,000 (or less with negotiation) you too can start with a small store with inventory and grow it immediately simply by having regular hours. Currently managed by husband and wife who cannot provide coverage due to other jobs and kids. This store...

50 Year CT Deli/Convenience

  $250,000

  $110,700

Milford, CT (New Haven County)

Long-established (50 years) of friendly personal service to loyal customer base. This mini supermarket offers most basic grocery needs in addition to prepared foods. Breakfast, lunch and dinner are available all day for take-out seven days per week. The deli offers sandwiches on fresh rolls or grinders and full-course meals. Catering or platters are available for small or large gatherings. In...

Tutoring service

  $150,000

  N/A

Wilton, CT (Fairfield County)

K-12 tutoring and test prep service. 5 year old business that has grown every year. Current owners not doing SAT test prep which would provide great potential for new owner. Current lease expires end of year so facility could be moved for significantly lower rent and increase cash flow. Owner will consider partnership at reduced price.

Big Profit Yogurt Must Sell Now

  $83,000

  N/A

Danbury, CT (Fairfield County)

Owner illness means must sell immediately. This is real - this is not a "sales pitch". Husband can no longer work and wife cannot handle business. Must sell immediately. If necessary CBS will buy the business and close it until a solid buyer pays a reasonable price for business assets alone. Yogurt City is a leading self-serve Frozen Yogurt business. It is a franchise, but all franchise fees...

Busy gas station/ convenience stor...

  $120,000

  $90,000

Rocky Hill, CT (Hartford County)

Solid profitable business in good location. Potential to increase convenience store business with good management and better inventory. Busy location generates high lottery income.

profitable buffet eating establish...

  $160,000

  $97,000

Manchester, CT (Hartford County)

Profitable buffet restaurant with ample seating. Very attractive décor. Significant room for expansion in very busy shopping mall and high traffic street.

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