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5 day Convenience Store!

New Britain, Connecticut (Hartford County)

Retail - Convenience Stores

Asking Price $89,900 Inventory $15,000** 
Gross Income $370,000 Real Estate  
Cash Flow Not Disclosed Year Established 2000
FF&E N/A Employees 2ft 2 pt

* included in the asking price

** not included in the asking price

Superbly equipped convenience store in densely populated area only open Monday- Friday and closes at 6:00. Opening evenings and weekends provides generous opportunities for $150,000 sales increases. $370,000 are the average sales over the last 4 years. Absentee ownership lost hired manager last year and sales declined, new working owner with expanded hours should earn at least $60,000 net. Store has lottery. Excellent off street parking allows easy access for picking up items 'on the way home from work'. Store equipped with commercial grade grill and hood, fryolater and bay marie for a buyer interested in doing lunches, fries, burgers, etc.

Facilities: Free standing building 1150 sq. ft. with full basement. Lease is $1500/mo. plus utilities. Present owner is the landlord.

Competition: This is a densely populated mostly residential area of New Britain, with several other neighborhood markets, variety stores, and liquor stores.

Growth/Expansion: Currently open only 5 days a week and closes at 6:00! Extending days to 7 per week and staying open past 6:00 will increase sales profits. New food prep equipment (ie: fryolater) can easily expand product offerings ie: french fries, burgers, etc. to go..

Support/Training: Owner will advise.

Reason Selling: Owner realizes that store is best run by an owner/operator.

AD # 372414

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