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Deli - Possible Convenience Store, Cafe or Pizzeria

Newtown, Connecticut
This 2,177 s.f. Deli is located on Route 25 in Newtown, CT. It is a corner location on a main commuting road. Other possible uses include a different theme Deli, Convenience Store, catering, cafe, or a Pizzeria. Take advantage of all the available space and traffic passing in front of this property.

Business For Sale or Lease With Or Without Real Estate. There are 2 ways you can buy...1. Pay $69,900 for the business plus rent of $3,084 per month. 2. Pay $595,000 to purchase the business & real estate.


Hours of operation: Monday thru Saturday 6:00 to 6:00, Sunday 8:00 to 3:00. Owner works full time with wife and part timers as required. Current sales are estimated somewhere between $2,000 and $3,500 per week. Last year’s reported sales were +/- $3,000 per week. Owner feels the way he is presently operating – emphasizing Greek food - is not the best for this area – thinks another theme (or even use) might be better. Since owner is planning to move out of the area – he isn’t planning to make any changes – will leave that for new Owner. The owner also owns the real estate which includes the attached 5 room 2 bedroom apartment.


Business is located on busy Route 25 in Newtown, CT. Far corner with frontage on 2 roads (+/- 117’ and 96’). Deli is +/- 2,177 s.f. Rent will be +/- $3,084 per month with a sufficient term to grow business.


Equipment includes a walk-in cooler, refers, coolers, stove, hood, dough maker, pizza oven grill etc.

Financials

Price: $66,900
Gross Income: $175,500
Cash Flow: $15,200
FFE: $0
Inventory: $0
Real Estate Value: $0

About the Business

Office Reference ID: #268
Year Established: 2003
Financing: No Owner financing is available
Training: Owner will train
Facilities:
Competition:
Growth:
Business Listed By
Name: C. J. (Charlie) Vlahos
Company: Blanket Real Estate
Phone: 203 746 7272

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