EastWood Wine & Liquor

East Hartford, CT

Building Overview

Details

Property Type: Retail
Subtype: Storefront

Marketing Description

Great Main Street corner of Bissell Street location. Landmark established business ready for a new Owner/Operator with fresh ideas.

Way below market rent $13.71 sq ft NNN or $2,000./monthly NNN. NNN approximately $500./mo. Wine 25%, beer 40%, liquor 35%, lotto $20,172 commission and cigarettes also.

Great 10 glass door walk in refrigerator. Owner financing negotiable. Building candidate for $250,000. facade program. Other tenants – Walk In clinic, Aroma Bar Restaurant, Galeto – chicken and sides, Dicapelli Beauty School (75-100 adult students daily) 15,000 professionals working within one mile.

Asking Price: $149,000.

Reported Sales $45,000./monthly

Furniture, Fixtures & Equipment: $70,416. Included in asking price

Product Inventory: $100,000.

Investment Highlights

Facilities: 1,858 sq ft, 1 employee, bathroom, 1,858 sq ft full basement, wine cellar and dry storage, remote compressors, 200 AMP, 3 Phase, electric, office with view of retail area, central air. Parking 150 cars off street.

Municipal free parking lot across the street.

Growth & Expansion: Delivery, online ordering, social media to solicit the 15,000 business professionals within 1 mile.