Financing: $200,000.00 Down and
Reason for Selling:Moving
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.
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