Brookfield, CT 06804,1 Withheld
$130,000
$129,900
0.1%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

1,200 SqFt

1 Withheld Brookfield, CT 06804

Est. payment /mo
SOLD DATE : 05/11/2023

Want to know what your home might be worth? Contact us for a FREE valuation!

Submit

Our team is ready to help you sell your home for the highest possible price ASAP

Key Details

Sold Price $130,000

Property Type Commercial

Listing Status Sold

Purchase Type For Sale

Square Footage 1,200 sqft

Price per Sqft $108

MLS Listing ID 170491401

Sold Date 05/11/23

Property Description

Been here for +16 years. The present Owner bought the Deli at the end of 2018 (4 years). It is run as a family business with 4 family members and 1 part-timer. The menu is huge. It has …” a little bit of everything…” This Deli is known for the many choices its customers have for breakfast, lunch, and early dinner. They follow the 3 principles of a great food establishment, religiously: Good Food, Good Prices, and Good Service (the 3 G's). The Deli has indoor seating with 4 tables (8 seats) and outdoor seating with 5 tables (20 seats). Sales this year are expected to be over $700,000 ($13,450/week)!!!! They serve breakfast, lunch, and early dinner. You can eat inside or outside. They also deliver via the delivery services and they do catering. Since opening the store they have been adding new customers every year. The covid years were a little bumpy but still showed a year over year increase in sales. In 2021 sales increased 31.8% over the prior year and 2022 looks like a 38.2% increase will be obtained. ($700,000). This is $13,500 per week. Adjusted sales in 2019, 2020 & 2021 were: $334,328, 384,212, $506,409 and 2022's pro-forma is estimated to be +/- $700,000 Cash Flows (Sellers Discretionary Earnings) for 2022 is estimated to be +/- $129,749. The current Owner and family will stay working for the Buyer up to 4 weeks while a new crew is hired and trained (assuming wages are agreeable). The Buyer might be able to work at the Deli before the closing.

Location

State CT

County Fairfield

Zoning Bus

Interior

Heating Gas on Gas, Hot Air

Cooling Central Air, Wall Unit

Equipment All necessary equipment

Exterior

Parking Features Parking Lot

Utilities Available Electric, Gas, Telephone, Cable

Building

Story 1

Sewer Public Sewer Connected

Water Public Water Connected

Read Less


Listed by Cj (Charlie) Vlahos • Blanket Real Estate
Bought with Marco Albarracin • Re/Max Right Choice

GET MORE INFORMATION

agent

Linda O'Hara

Linda's Team | License ID: CT: 63231 & FL: 3458431

+1(860) 209-7044

Name
Phone*
Message