New London County, CT Business - Convienence Store - George & Company

Convenience Store Close to CT Casino #15598

Seller Financing Available

 

Asking Price: $150,000

Cash Flow: $63,971

Gross Revenue: $864,839

Inventory: $40,000* (not included in asking price)

Established: 1997

Business Description

Clean, well-maintained 2,000 SF Convenience Store with plenty of parking has everything for their customers:
Post Office & Western Union, Shipping & Stamps, Money Orders, Bill Pay, ATM, as well as the usual CV items of Tobacco Products, Lottery, Coffee, Cold Drinks, Dry Goods.
Traffic count of over 18,000 vehicles per day (close to Foxwoods) this store has great growth potential. Favorable renewable lease is in place.
Our client is looking to retire after 22 years.


Attached Documents

Click for CA


Detailed Information

Inventory: Not included in asking price

Employees: 3

Facilities: 2,000 SF store located in a small plaza with parking in front. Clean & well-maintained.

Competition: Close to Foxwoods

Growth & Expansion: Could add EBT cards, additional tobacco products, pre-made sandwiches and novelty items.

Financing: Possibly some seller financing for a well-qualified buyer

Support & Training: Seller supports transitional training for a smooth transition.

Reason for Selling: Retirement

Contact: Jeff Lefebvre

Contact Phone: 508-753-1400  

Contact Email: info@georgeandco.com  


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