482sf CLASS A RETAIL SPACE Main St-Artist/Jewelry

Old Saybrook, CT (Middlesex County)

Seller Financing Available
482sf CLASS A RETAIL SPACE Main St-Artist/Jewelry
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Asking Price: Get Financing: $29,000

Cash Flow: $35,000

Gross Revenue: $60,000

EBITDA: N/A

FF&E: N/A

Inventory: $20,000

Lease Rate: $18.25 /SF/Month

Established: 2015

482sf CLASS A RETAIL SPACE Main St-Artist/Jewelry

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Business Description

FOR SALE OR LEASE ONLY. Next door Starbucks, Ben and Jerry's. Junction of Rte 1 & Main St. Located in heart of Old Saybrook, retail, dining district with foot traffic and street parking. 4 store building. Parking on street front or small private lot side of building. Signage can be seen from Boston Post Rd as well as Main Street. 482 sf with current jewelry concept - seaglass/gold/silver/vintage. Perfect for small retail related to arts, crafts or custom services professional office.
Make offer on $29,000 or Offer on Lease only and run with own concept in current space. Inventory negotiable or not necessarily required if lease only. Excellent location!!! Call for cash flow. Inventory of $20,000 included in sale.

Attached Documents


Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,000
Lease Expiration:
1/23/2020
Employees:
1
Facilities:
482 s.f with Starbucks and Ben and Jerry's as next door neighbors. 1 of 4 tenants. On corner of Boston Post and Main St with own small lot or street parking in beautiful downtown Old Saybrook
Competition:
A great retail sales spot for many uses. Can see signage from Boston Post Rd!
Growth & Expansion:
Runs business part-time. Increase hours to full time operation. Great place for artistic retail or similar operation.
Financing:
Possible Seller financing
Support & Training:
If Buyer wants to maintain current business, Seller will transition with on hands training for 30 days and turnover custom orders. Buyer to call the shots.
Reason for Selling:
Retirement
Business Website:
http://www.lymanre.com
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Business Location


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Geri Jacobson

Business Listed By:
Geri Jacobson

Lyman Real Estate

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Sponsoring Broker:
Ron Lyman

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