Connecticut Restaurants Business For Sale 19969

Restaurants Businesses For Sale
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103

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Category: Restaurants SIC:
Detail: N/A Price: $69,900
County: Down: $35,000
State/Prov.: CT Adj Net: $74,700
Country: USA Sales: $317,700
Relocatable No Home based No Franchise No Lender pre-qualified No
This business is On Deposit>

This 1,250 s.f. Deli/Sandwich Shop is located in a small Strip Mall with other food businesses in Brookfield, CT. It?s open for breakfast & lunch and does catering six days a week. Serves coffee, pastries, snacks, eggs, hot & cold sandwiches, melts, burgers, salads, soups, clubs & subs and has daily sandwich & hot plate specials. P.S. also sells Lottery tickets and small grocery items. Even has a few tables to sit and eat.

Owner started business in 2004. Recently, revenues have increased 15.2% (over 2006), 11.7% (over 2007) and even showed an increase in 2009 over 2008. They must be doing something right!

Hours of operation are: Monday thru Friday 5:30 to 4:00, Saturday 6:30 to 3:00, closed Sundays. Besides the Owner there are 2 full-timers and uses part-timers when needed. Reported sales in 2009 were over $6,000 per week and adjusted Owner?s Cash Flow after expenses is estimated over $75,000.

This business could be a fit for almost anyone. The Owner seldom makes a sandwich ? he just takes orders, talks to the customers and collects the money. His 2 sandwich makers work the deli counter, and he works the cash register/ lotto and phones. You don?t have to be a Deli/sandwich person to run this business ? take a look and see for yourself!

The store is 1,250 s.f. It is located in a Strip Mall in Brookfield, CT. Has 17 parking spots, gets most of its business from the local neighborhood and regulars including high school kids. Rent is $2,638 per month (including a base net of $400 per month). Additional landlord operating expenses over the $400 are billed annually. Three years remain in the current term plus a 10 year option to renew. Rent increases 3% per year.

The equipment is new and functional and well maintained. Includes camera monitoring, grill, sandwich table, deli cases, TV, double fryer, 8? hood, and a 5 burner stove (non commercial) etc. etc.
A/R: Real Estate: $0.00
Inventory: $5,000.00 Other Assets: N/A
FF&E: $0.00 Total Assets: N/A
Leasehold: $0.00 Included: N/A

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