Great Convenience Store
www.GlobalBX.com
Listing ID:
700229365
Listing Title:
Great Convenience Store
Quick Link:
http://www.globalbx.com/listing.asp?bId=229365
Industry:
Retail
Industry Segment:
Convenience Stores Retail
Country:
United States
State / Province:
Connecticut
Area
City:
New London County
Asking Price Range:
< $250K
Gross Revenues:
$472,000
Cash Flow:
$98,260
Cash Flow Type:
Sellers Discretionary Cash
Year Established:
1964
Number of Employees:
1 - 3
Business 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 New London 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.
« Close this window »