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Convenience Store In New London County For Sale

New London County, Connecticut, US
Asking Price:
$95,000 (USD)
Sales Revenue:
$472,000 (USD)
Cash Flow:
$98,260 (USD)

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.

Property Information

Real Estate:


Business Operation

Reasons for selling:

The seller, with his family, wants to go back to his native country.

Years established:

Other Information

Support & training:

Seller willing to train

Financing available:

95,000.00 Down & TBD

Furniture / Fixtures value:
$15,000 (USD)
Inventory / Stock value:
$30,000 (USD)

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