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| You have accessed this listing information from the VR National database through: | This business is listed and represented by: |
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VR Business Brokers - Fairfax, VA 11350 Random Hills Road Suite 800 Fairfax, VA 22030 (301) 951-0051 www.vrbeltway.com connie@vrbeltway.com |
VR Business Brokers - Milford, CT 99 Cherry Street Milford, CT 06460-3455 (203) 878-0554 venture.prtnrs@snet.net |
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Business Listing Details |
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LISTING#: |
F0200: Markets Convenience Store w/Deli |
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LOCATION: Southern Connecticut |
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ASKING PRICE $79,000 |
AMOUNT DOWN $79,000 |
REVENUES: $187,191 |
DISCRETIONARY EARNINGS ($15,888) |
TOTAL ASSETS $20,000 |
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| Business is a convenience store of about 2,300 sq.ft. in a shoreline residential area. It has a long history within this community. Business has declined over the past two years due to the recession so the puchase of this business will assume an improved economic environment in 2010 and beyond. The store is sufficiently large to accomodate a full convenience store and deli plus an area displaying miscellaneus hardware items to suit the customer base. Sales per tax return for the past three years were $187,000 in 2008, $201,000 in 2007 and $231,000 for 2006. Current owner has been involved in the business since 2003. A new dedicated and enthusiastic owner should be able to take advantage of the location which has minimal competition. The purchase price of $79,000 includes $10,000 inventory. | |||||
| Please Note: This list contains businesses that are offered on a co-operating basis by members of VR Business Brokers. Information contained herein has been provided by the Seller. Broker has not and will not verify the accuracy or completeness of any information. Purchasers are advised to consult with their legal and financial advisors to the extent they deem necessary. No prospect shall receive the name of any listed firm until the STANDARD DISCLOSURE STATEMENT is signed by the prospect. All listings herein are exclusive to the listing office as of the date of submission and have been accepted for publication subject to the cooperation between member brokers as executed and on file with VRBB. Assets Value: An estimate of the Fair Market Value by the seller. DISCR. EARNINGS: A combined estimate of Business Net, Compensation to Owner, Fringe Benefits, Interest and Depreciation Expense. Buyers, Sellers, and Brokers should be aware that all of the following businesses are not available to all types of agencies. |