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Business for Sale Summary

Convenience Store in Hartford County, CT for Sale - 50 Years Established - 37743

Business Type: card shop/stationery store,convenience store,general merchandise store
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Financial Information (non-confidential)

General Information
Asking Price $200,000 Down Payment $200,000
Gross Revenues $500,000 Lease Remaining Register Free to View
Owner’s Cash Flow $80,000 Number of FT Employees Register Free to View

Financing

$200,000 Down and

Business Description

This is a landmark convenience store located in Hartford County, Connecticut, with an impressive 50 years of operation. This well-established store has a strong customer base and is known for its grocery and beer offerings, holding a grocery beer permit. The store spans 2,500 square feet and is a go-to destination for a variety of products including snacks, drinks, and one of the best selections of greeting cards and vape products.

The current owner is offering this business at an asking price of $200,000.00, with total revenues reaching $454,768.00. The owner's discretionary cash flow stands at $80,000.00, presenting a solid financial opportunity for potential buyers. The landlord is open to a long-term lease option, which includes the possibility of installing a new gas station at this prime location. Additionally, buyers have the option to acquire an available liquor license and relocate it to this site to launch a new liquor store, thereby opening up numerous new opportunities.

Due to the presence of employees at the store, prospective buyers are requested not to speak to the store clerk regarding the sale.

For more information, please contact broker Amit Desai at 860-680-4371.

In addition, please register with the listing number above by going to vestedbb.com.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1-877-735-5224 to discover the difference that is Vested Business Brokers.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.

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