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Address:  
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Type State Town Real Estate
Inc.?
Inventory
Inc.?
Avg. Inventory
Value
Price

1,200 S.F. Sandwich/Deli Business

 
CT  Brookfield  No  No  +/- $8,000 
$74,900
 

Description:
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: a 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.

Click here for a picture slide show of this business/property


 
Operation:
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.

 
Location:
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 count the landscapers and contractors that are in the area 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.

 

Monthly Rent: +/-$1,671.40/mo  Remaining Term: 10yrs with option 
Total SQ FT: 1,200 s.f.  Rent Increases:
Rent increases 2% each year for the next 2 years and 3% each year during the 7-year option period.

 
Retail SQ FT:  
Office SQ FT:   Est'd FMV of Equip.:
Initial investment in the equipment and fit out was +/- $140,000. Current value is estimated at +/- $70,000

 
Warehouse SQ FT:  
Est'd Sales   Terms:
With $40,000 down and good credit the Owner may finance the balance over 3 – 5 years at 7% interest. 
Gross Profit:  
Oper. Expenses:   ROI:  
Est'd Owners Cash
Flow:
  Payback:  

Reason For Sale:
Due to family reasons and other obligations, the Owner has decided to sell this business.

 
Comments:
Interested buyers MUST sign our Confidentiality Agreement and Questionnaire before visiting this site or getting a tour and talking with the Owner. 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.

 

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Click here for a picture slide show of this business/property


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Information believed to be accurate. Subject to errors, omissions & change without notice. Verify important details before reliance or dependence.