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.



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