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Convenience Store w/Deli Near Beach
Southern Cnnecticut

Asking Price: $79,900   Down Payment: $79,900  
Gross Revenue: $212,000   Adj. Cash Flow*: $56,000  
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Executive Summary
Business is a long standing convenience market located in beach area, in existence since about 1950. About nine years ago (2007) the current owner purchased the store and totally revamped the interior by installing a Garland 6-burner stove with oven, broiler, grill & fryolator, a 6-foot range hood with fire suppression system, exhaust fans, a grease trap, 3-bay sink & 2 hand sinks, several deli counters and shelving, 2 deli cases, freezer, walk-in cooler, new ceramic flooring, new ceiling, plus installation of new customer service window to sidewalk. This extensive investment upgrade permits complete hot food preparation and expanded menu whereas the old store only prepared cold sandwiches & wraps. These are continued.  It also presents a new owner with culinary skills the opportunity of establishing a reputation for a complete fast food menu in an area with little deli competition. Shelf items and coolers include the customary chips, cold drinks, packaged sweets, ice cream, bread. milk, juices, etc. The summer months are the strongest time for the businesss which is directly across the street from the beach. A lottery was originally established and should be re-instituted. Annual sales are in the $212,000 range with owner income of about $56,000. Two employees assist the owner depending on the season of the year. Inventory is in addition to the purchase price.

Acquisition Highlights

  • Training Information:  2 weeks
  • This business is not a franchise
Business Synopsis

Asset Information (estimated fair market value)

Established in: 1950 Inventory:
Employees: 2 Furniture, Fixtures & Equipment: $50,000 Included
Lease/Rent: $1,250 Real Estate:
Building Sq Ft: 1,200
    Total Assets Included in Sale: $50,000
* Adj. Cash Flow -  Recasting provides an economic view of the company and allows meaningful comparison with other investment opportunities.
Additional business details are available to Principals only. You will be required to document your ability to complete the proposed transaction.  Please use this link to request more INFORMATION which will be sent to the listing office.
DISCLAIMER: All information contained in this document has been provided by the subject company or its agent, and while believed to be correct has not been verified. Accordingly, we makes no representations or warranties as to the accuracy and truthfulness of such information. The recipient hereof acknowledges that we shall not be liable for any loss or injury suffered by said recipient in any way connected to the delivery by us of this document. At all times we are an agent for the seller and not for the buyer unless a specific agreement exists for us to act as the buyer's agent.


Contact:  Bob Capozzi
Phone:  (203) 878-0554
VR Business Brokers - Milford, CT
99 Cherry Street
Milford, CT 06460-3455
The above company and/or agent is a licensed real estate broker/and or a business broker.
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