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Businesses For Sale   >>   Connecticut Businesses For Sale Categories   >>   

Great Convenience Store

Location  Connecticut,United States
Asking Price Range  < $250K
Gross Revenues  $472000
Net Profit / Cash Flow  $89260
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  1965
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Seller will train
Reason for Sale  Personal
Description  This fifty years-old convenience store is located at the corner of an intersection, which is the center of a very busy commercial zone in Norwich, CT. It is a free-standing building, having its own parking space. Rent is just $2250; there is a fully furnished apartment on top of the store, which can be rented out for $500 a month, or a new buyer's employee can reside. From inside, the store is spacious and nicely decorated. It is laced with lotto, beer, cigarettes, ATM, coffee & breakfast, etc. The business earns $1600 a month in commission, through lotto. Its monthly gross sale is over $40,000. Hours of operation are 7am to 9 p.m. The seller's net cash flow, after paying all the expenses, is $8,000. The seller must sell this profitable business, because the seller, along with his family, wants to go back to his native country. If location is important and vital, this business has a great location. Call Syed at 631-374-7686 for more information.
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