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Connecticut Restaurants Business For Sale 26380

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Restaurants Businesses For Sale
UNION BAY GROUP
3401 Evanston Ave. N. Ste. A
Seattle, WA 98103
UNITED STATES

p.2067831717
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Category: Restaurants SIC:
Detail: N/A Price: $74,900
County: Down: $40,000
State/Prov.: CT Adj Net: $0
Country: USA Sales: $0
Relocatable No Home based No Franchise No Lender pre-qualified No
This Business Is "On Deposit"

This is a 1,200 s.f. Deli/Sandwich shop that is being offered because the Owner wants to spend more time with her family. The Deli/Sandwich shop is a perfect starter business for a first time Owner who wants to be in business for themselves. The location is also good for many other uses. It is being sold basically for its asset and Fit-up expenses.

It has 10 seats inside and 6 seats outside. The Deli prep area is in the same space along with display cases, ordering and check-out counter.

The kitchen area is equipped with something special. There is a walk-in cooler and a walk-in freezer along with regular Deli equipment like: refer, microwaves, stove/hood, slicers and SS tables.

There is a space being used for an Office too. The store has one bathroom and an additional +/- 600 s.f. of storage space in the basement.

Hours of operation: Monday thru Friday 7:30 ? 4:00, Saturday 9:00 ? 3:00, closed Sundays. It is currently a Sandwich Shop with the same name as a larger Deli/Sandwich Shop in a nearby Town. Note: the name of this Deli is not included in the sale of assets nor are the names of the specialty sandwiches they and the other Deli offer.

The Deli is currently running almost completely as a Semi Owner Absentee Operation. There are 2 employees with the Owner working +/- 20 hours/week.

Initial investment in the equipment and fit out was +/- $140,000.

Since this is mostly an Asset Sale with little or no Goodwill being asked for, Sales and revenues will only be disclosed after an Offer is made and accepted. Expenses will be discussed during the Due Diligence period, so you can do your own Pro-Formas for your ideas and expected levels of advertising and promotion.

This business is in a Shopping Center with 4 other stores on one of the busiest streets in the greater Danbury/Brookfield, CT area. Traffic count in front of the store is over 15,000 cars per day. In a 3 miles radius there are 2,222 businesses and over 25,226 employees. In 5 miles there are 5,648 businesses and over 56,767 employees. This doesn?t even count the landscapers and contractors that are in every day, nor the vehicles traveling up and down Route 7.

Rent for this 1,200 s.f. of space is $1,671.40 per month, net. That?s only +/- $16.71 per s.f. net a month. There is over 10 years remaining in the lease including the option to renew.

We discussed some of the assets included in the purchase price. A complete list can be sent to you or is attached on some of the websites you see this posting.

With $40,000 down and good credit the Owner may finance the balance over 3 ? 5 years at 7% interest. To visit this site, you will need to fill out our Confidentiality Agreement & Questionnaire.

Forms are available at this Listing, on our website or from the link in front of the picture. You can also call, and we will e-Mail you the forms.

A/R: Real Estate: $
Inventory: $8,000.00 Other Assets: N/A
FF&E: $70,000.00 Total Assets: N/A
Leasehold: $ Included: N/A

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