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Convenience Store

Danbury, Connecticut (Fairfield County)

Retail - Convenience Stores | Retail - Miscellaneous Retail

Asking Price $79,900 Inventory $8,000** 
Gross Income $245,000 Real Estate  
Cash Flow $30,000 Year Established 1999
FF&E N/A Employees 1

* included in the asking price

** not included in the asking price

Here's a rare opportunity to get a "C" (Conveience) & Variety Store on a commuting road in a residential area of Danbury, CT. This road connects New Fairfield, Sherman and the area's lakes & ponds with Danbury and I 84. It sells all kinds of snacks, candies, drinks (no beer), papers & magazines, cigarettes & Lotto. The lotto commission last year was over $35,000! Business established in this small strip mall in 1999. Store hours are 6:00 to 8:00 Monday thru Friday and 7:00 to 7:00 on the weekends. The store is 900 s.f. and is small enough for 1 person to run the business at all times. This year it looks like sales will average about $600/day or $4,038/week. At this volume and assuming the Owner and 49 hours of part time/full time labor, Owner's Cash Flow should be +/- $30,000.

Facilities: The store is in the northern part of Danbury, CT on a heavily traveled road connecting Danbury & I 84 with New Fairfield & Sherman. The store is 900 s.f. with a check out counter and Lotto area, bathroom and a small kitchen area behind the coolers in the rear of the store. Rent is $1,300/month gross and includes garbage. A new lease would have to be negotiated with the Landlord.

Financing: Some Owner Financing Possible

Support/Training: Owner will train

Reason Selling: Other Interests

AD # 323213

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