Greek Food Specialist Convenience Store In Hartford For Sale

Business description

This is a long well established convenience store in the south end of Hartford. Its been at the same location for over 10 years and owned by the present owners for 5 years.

The store sells the standard venue of groceries, dairy, lotto, cigarettes etc - BUT the big draw is the store's reputation for its Greek Food Products. All the greek cheeses, meats, frozen products, virgin olive oil and on and on. Customers come from all over for these greek products - as far away as Springfield, Massachusetts, Colchester to Avon, CT, the Hartford area and more.

The store has potential to a lot more sales with Greek Holidays and being opening on Sunday.

The store will be sold with the real estate. The real estate consists of the store on the 1st floor and apartments on the 2nd and 3rd floor. The rent roll (not including the store) - just for the apartments is $44,000 a year.
The business is priced at $75,000 and the real estate at $345,000 (just had commercial appraisal performed).

Property information

Real Estate:

Real Property Included

Location:

Hartford, Ct Southend

Premises details:

3 story building. Store on 1st floor, apartments on 2nd and 3rd floors.

Other information

Expansion potential:

You can build up the daily business, open on Sunday and take advantage of the Greek Holidays.

Competition / Market:

Other stores in the City, not with greek food niche though

Support & training:

Owner will provide for a smooth transition.

Reasons for selling:

Owner wants to pursue a personal interest.

Trading hours:

Mon-Sat

Financing available:

SBA financing for qualified buyers.

Furniture / Fixtures value:

$40,000 (included in the asking price)

Inventory / Stock value:

$35,000