<?xml version="1.0" encoding="UTF-8"?><rss version="2.0"><channel><title>Businesses for Sale in Milford, CT</title><link>http://www.vrbusinessbrokers.com/</link><description></description><lastBuildDate>5/24/2012 7:06:50 AM</lastBuildDate><item><title><![CDATA[ Landscaping Service ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Landscaping-Service.aspx</link>
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<description><![CDATA[ Business is a full service landscaping company including design and maintenance with mostly residential and a few commercial accounts. Operations include lawn installation, weekly lawn maintenance, plant tree installation, hedge tree trimming, mulching, fall and spring clean ups, drainage work and snow plowing. Masonry work such as patio and sidewalk maintenance installation is subcontracted out. Company now employs seven full time people in lawn maintenance for 2011 and is profitable, having been established during the last four years and is continuing to grow during the current year. Equipment was purchased new for the most part and original cost was approximately $87,500. The company's cash flow is being used to acquire additional equipment to expand the business and currently has about 85 to 90 accounts. A detail equipment list is available. Figures showing in this presentation are actual from the tax return for the years 2010 and 2009 and an estimate for the year 2011 based on a much higher sales level. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>140000.0000</listingPrice>
<downPayment>140000.0000</downPayment>
<grossRevenues>375000.0000</grossRevenues>
<discretionaryEarnings>96900.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Attractive Salon in CT Valley ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Attractive-Salon-in-CT-Valley.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Attractive-Salon-in-CT-Valley.aspx</guid>
<description><![CDATA[ Business is a full service salon established 26 years currently with three employees plus the owner working in the business. Sales have been consistently good over the years and the business is very profitable. A loyal base of customers range from young children to older folks and male customers make up about 10% to 20% of the total. The facility of 2,000 sq.ft. is very attractive, with seven styling work stations, cabinets mirrors, four wash stations, nine hair dryers, one waxing room, one tanning room, one pedicure room, a nail station, a kitchen with cabinets, counters and sink, a refrigerator, washing machine dryer plus a reception area seating six with a display case and display cabinet. Relative to the financial statements of the business the price is a steal. The facility itself is worth the asking price without even considering the strong customer base. Buyers interested in serving the CT Valley area should consider this business as an investment. The rent is $1,200 on a month to month basis so the buyer will need to work with the landlord on a long term lease. Inventory of about $7,000 is in addition to the purchase price. Owner is retiring. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>45000.0000</listingPrice>
<downPayment>45000.0000</downPayment>
<grossRevenues>108524.0000</grossRevenues>
<discretionaryEarnings>42712.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Country Hardware ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Country-Hardware.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Country-Hardware.aspx</guid>
<description><![CDATA[ Business is a hardware store in a small town serving contractors and home owners. Sales run in the $380,000 range. Product inventory includes a full range of typical building, paint and lawn care products. Inventory of $200,000 at seller cost is included in the sale price. Owner has a loyal following who rely on the proximity of the store and the service he provides in spite of the major building retailers within 5 miles of his business. The setting is an attractive strip mall also including a food market. This business will be interesting to a tradesman with experience in building hardware to assist contractors and home owners with their needs because of his skills in giving advice. In addition, a retired professional coming from the business or legal community who is set financially, is looking to stay active in business and has always wanted to run a hardware store. The country setting and friendly atmosphere of the community will be an interesting change of pace for him. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>350000.0000</listingPrice>
<downPayment>350000.0000</downPayment>
<grossRevenues>380000.0000</grossRevenues>
<discretionaryEarnings>55000.0000</discretionaryEarnings>
<locationGeneral>Northern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Latin Restaurant ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Latin-Restaurant.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Latin-Restaurant.aspx</guid>
<description><![CDATA[ Business is a Latin style restaurant in existence for the past two years at a location formerly an Italian restaurant for many previous years. Located in an attractive brick building and incorporating 3,045 sq. ft. this restaurant has a full separate bar with full liquor license and two separate dining rooms plus a large full kitchen and basement. The physical characteristics are exceptional. Rent is $2,950 per month with lease running to 2024 with options. The sales figures have not been strong during this severe recession but the asking price of $100,000 for the entire set up is easily justified for a professional restauranteur who possesses the necessary skills at a time when the economy is improving. The seller recommends a buyer specialize in Argentinian, Columbian or Peruvian menus to suit the local market. Most of the existing equipment is included in the purchase price except for a few select furniture items. Food and liquor inventory is to be in addition to the purchase price. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>100000.0000</listingPrice>
<downPayment>100000.0000</downPayment>
<grossRevenues>200000.0000</grossRevenues>
<discretionaryEarnings>14150.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Large Liquor Store ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Large-Liquor-Store.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Large-Liquor-Store.aspx</guid>
<description><![CDATA[ Business is a liquor store with past annual sales in the $1,000,000 range, having established itself strongly in the community within the past ten years. It is located in a growth area of the state with major retailers building new facilities along with above average residential construction. Wine business accounts for about 50% of total sales with gross margins well above 30% in that category. Overall product gross margin of the business has averaged about 29% over the past three years including liquor and beer. The store has roughly 3,000 sq. ft. with one large walk-in cooler and the balance of the space utilized for product display. Additional space availability is possible. Inventory is the $125,000 range and is not included in the purchase price. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>340000.0000</listingPrice>
<downPayment>340000.0000</downPayment>
<grossRevenues>991630.0000</grossRevenues>
<discretionaryEarnings>155833.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Convenience Store (R/E Available) ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Convenience-Store-R-E-Available-.aspx</link>
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<description><![CDATA[ Business is a long established convenience store of about 1,500 sq. ft. doing sales above $400,000 plus lottery commissions approaching $50,000. Owner runs the business with his wife and one part time employee. Business serves a safe, upscale neighborhood. The real estate of land and building encompasses about 15,000 total sq.ft. including the building of about 3,000 sq.ft., a converted residence, and a parking lot for about 10 cars, and is available in a separate transaction for $330,000. Some renovation work on the building after purchase will be productive insofar as it is over 50 years old. The product line includes the customary convenience items of coffee, milk, bread, snacks, chips, canned goods, deli foods, soda, beer, etc., nearly everything consumers look for in a quick stop. There is no immediate competition as this location is surrounded by single family residences. It is quite unique in this regard. Inventory of about $30,000 is not included in the purchase price. Some seller financing may be available.
 ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>169000.0000</listingPrice>
<downPayment>169000.0000</downPayment>
<grossRevenues>450000.0000</grossRevenues>
<discretionaryEarnings>86400.0000</discretionaryEarnings>
<locationGeneral>Central Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ High Volume Pizza ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/High-Volume-Pizza.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/High-Volume-Pizza.aspx</guid>
<description><![CDATA[ Business is a pizza restaurant in a prime central location with sales of about $14,000 per week or $725,000 per year. It occupies a stand alone building of 2,000 sq.ft. with seating for 20 and is open 15 hours per day. Business employs seven people including two full time working owners. It has a 15 year lease with current rent of $2,000 per month and a 15 year renewal option. Most of the production equipment, including the ovens, are the property of the landlord. The equipment included in the sale are a TV, Computer, Cameras, Freezer, Deep Fryer and Grease Trap all purchased by the current owners about a year ago. As in the case of the current owners the buyers of this business should be at least two working partners, possibly three, committed to the growth of the business, to handle the volume of activity and the extended hours. Business is priced to sell quickly at $150,000 cash. Earnings to the owners of this business are substantial. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>150000.0000</listingPrice>
<downPayment>150000.0000</downPayment>
<grossRevenues>725000.0000</grossRevenues>
<discretionaryEarnings>305920.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Plumbing & Heating Contractor ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Plumbing-and-Heating-Contractor.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Plumbing-and-Heating-Contractor.aspx</guid>
<description><![CDATA[ Business is a plumbing heating contractor established in 1976 and still run by the founder of the business. Currently, owner is operating the business without employees and sub-contracts for required services as needed. Owner has the following licenses: a) P1 (Plumbing Piping), S1 (Heating Cooling), F1 ( Fire Sprinker Fire Protection Unlimited). These licenses will be required of a new owner. The seller may spend some time with purchaser to assist him in getting these licenses depending on the structure of the deal. Sales per 1120 Corporate Tax Return for the year 2010 were $164,627 and owner income including add-backs was about $90,000. The years 2009 and 2008 were roughly the same. For the current year 2011, sales will come in higher than these three prior years at about $225,000 to $235,000. Most of the work is residential plumbing heating which the owner prefers, although there is some commercial business which can be increased. Business is run out of his home. Equipment includes a 2992 GMC Van and other tools. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>100000.0000</listingPrice>
<downPayment>100000.0000</downPayment>
<grossRevenues>164627.0000</grossRevenues>
<discretionaryEarnings>93648.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Bakery-Wholesale/Retail ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Bakery-Wholesale-Retail.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Bakery-Wholesale-Retail.aspx</guid>
<description><![CDATA[ Business is a retail/wholesale bakery in an upscale location, established roughly 25 years. Current owners have run business for 6 years. Sales volume approximates $300,000 annually. Facility is about 1,700 sq. ft with a full complement of bakery equipment in a comfortable setting. Building has ample customer parking. Business has little competition in the region. The favorable location along with the attractive facility and setting make this a very appealing business for a qualified baker. Owners will provide ample training and a satisfactory non-competition agreement. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>220000.0000</listingPrice>
<downPayment>220000.0000</downPayment>
<grossRevenues>294521.0000</grossRevenues>
<discretionaryEarnings>56039.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Bakery-Deli ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Bakery-Deli.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Bakery-Deli.aspx</guid>
<description><![CDATA[ Business is a take-out bakery-deli in a large outdoor mall in a prime commercial area. It has been in operation for one year and is profitable. The location has 1,356 sq.ft. and rent is $2,000 per month. All of the equipment is mostly new. The owner operates the business seven days per week from 8am to 9pm and on Sunday from 10 am to 6pm. The bakery menu includes mostly cakes and desserts and some bread for deli use but the deli side, including breakfast, specializes in sandwiches, panini items, salads and wraps. For the first year, the business has average sales of about $15,000 per month while owner income, with the owner working full time, averages about $5,600 per month or $67,000 per year. Equipment value along with the required plumbing, electrical, heating and carpentry work is about $80,000 expended within the first year. This business is an excellent opportunity for an aggessive buyer to assume control of a profitable turn-key bakery-deli which is brand new and grow it from the current level. The owner is selling because he is seeking culinary work in the corporate sector. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>175000.0000</listingPrice>
<downPayment>175000.0000</downPayment>
<grossRevenues>180000.0000</grossRevenues>
<discretionaryEarnings>67320.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Deli with Seating ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Deli-with-Seating.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Deli-with-Seating.aspx</guid>
<description><![CDATA[ Business is an attractive deli with seating for 24 located in an upscale town. Facility is about 1,400 sq.ft. with a relatively small kitchen consisting of a six-burner range, reach-in freezer, walk-in refrigerator, slicing machine, panini machine.etc. but no fryolator. About 60% of space is reserved for seating, all tables, no service counter. Business has been in existence for many years and while some competition exists the charming physical setting no doubt contributes to its success. Sales have run in the $300,000 range in recent years and owner income runs in the $80,000 to $90,000 range after expenses. Business will be of interest to a husband/wife team working together in a safe, pleasant setting with reasonable hours and an additional opportunity to expand operations in the catering area. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>160000.0000</listingPrice>
<downPayment>160000.0000</downPayment>
<grossRevenues>285000.0000</grossRevenues>
<discretionaryEarnings>85000.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Auto Repair Shop w/ Two Bays ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Auto-Repair-Shop-w-Two-Bays.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Auto-Repair-Shop-w-Two-Bays.aspx</guid>
<description><![CDATA[ Business is an ideal two person auto repair shop. Located in busy area in stand alone building. Rent is $1,300 per month in 1,100 sq.ft and increases to $1,350 per month in 2013 and 2014. Lease expires in 2015. Equipment includes two 10,000 lb. above ground lifts, 1 engine analyzer with four gas emissions, 1 four wheel alignment computer, 2 air conditioning recycling machines R-12 R-34, 1 brake lathe, 1 clean burn oil furnace, 1 tire machine, 1 dual trace lab scope plus other shop and office equipment. Owner has been in business 20 years. Good opportunity for two mechanics to take possession of a profitable shop. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>69000.0000</listingPrice>
<downPayment>69000.0000</downPayment>
<grossRevenues>190000.0000</grossRevenues>
<discretionaryEarnings>81000.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Web Based Retail Store ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Web-Based-Retail-Store.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Web-Based-Retail-Store.aspx</guid>
<description><![CDATA[ Business is an on-line retailer started by owner in 1999. Product line first developed with a halloween concept, has been continually expanded over seven years and has grown to 4,000 items. Seasonal activity is strongest in the fourth quarter including the Thanksgiving and Christmas holidays (about 40% of sales are in this period). Products have a New England theme and are shipped around the world. Company specializes in products of a unique nature where competition and pricing are not factors. Gross margin is about 48% overall. Owner and wife (plus 1 part time employee) run the business out of their home with an additional 500 sq. ft. warehouse constructed for the business. Business is relocatable anywhere. Postage delivery costs plus web service charges are the largest expenditures beside product costs. Business growth potential is really open ended to the purchaser by adding products of a complementary nature. Web site activity is very high. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>195000.0000</listingPrice>
<downPayment>195000.0000</downPayment>
<grossRevenues>330155.0000</grossRevenues>
<discretionaryEarnings>35591.0000</discretionaryEarnings>
<locationGeneral>Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Mobile Storage Business ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Mobile-Storage-Business.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Mobile-Storage-Business.aspx</guid>
<description><![CDATA[ Business provides a mobile storage service to customers at $150 per month. Metal storage containers built to owner specifications are stored at the owner's premises and delivered/retrieved by the Company via a flat-bed truck. Established by the owner in 2007, sales for the year 2008 were roughly $50,000 without much personal attention by the owner. Expenses incurred are for truck expense (fuel and repairs), rental of a yard if required, property taxes on equipment, insurance, telephone and office expenses, etc. This is a part-time business, no added payroll required. The current set up is that the business is a satellite of a larger business of the owner run on his existing premises.Total price of the business is $175,000 cash and includes a flat-bed truck with about 15,000 miles on it plus 25 metal storage containers. Another 25 storage containers will be retained by the owner and sold to the purchaser at $4,000 each on an as-needed basis as the business grows. It would obviously be an advantage if the purchaser has a large personal or business facility where the equipment can be stored without renting additional space. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>175000.0000</listingPrice>
<downPayment>175000.0000</downPayment>
<grossRevenues>50000.0000</grossRevenues>
<discretionaryEarnings>40000.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Specialized Delivery Service ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Specialized-Delivery-Service.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Specialized-Delivery-Service.aspx</guid>
<description><![CDATA[ Business was established by owner in 1982. It is involved in pick-up and delivery of special items, particularly antiques and collectibles. Location covered is primarily the East Coast of the United States, from New England to Florida. Business is remarkably stable with a consistent base of customers. Most new business is now obtained through referral. Sales run in the $300,000 range annually; owner income falls in the $85,000 -$95,000 range annually. Excellent books. Purchaser must take a personal interest in the customers and feel comfortable with driving long distances. Business operates out of a small office/warehouse with 1,100 square feet. However, business is relocatable to any place within the service area. Price includes box truck, pickup truck and two trailers. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>140000.0000</listingPrice>
<downPayment>140000.0000</downPayment>
<grossRevenues>195935.0000</grossRevenues>
<discretionaryEarnings>58898.0000</discretionaryEarnings>
<locationGeneral>Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Wood Floor Refinishing ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Wood-Floor-Refinishing.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Wood-Floor-Refinishing.aspx</guid>
<description><![CDATA[ Business was established in 1965 and has been run for the past 45 years by the founder and current owner. It is a top rated firm according to statewide and regional lists. Customers include homeowners, contractors, schools, universities and dance studios. Most of the business is residential and a small percentage commercial. The owner creates and designs to customer specifications and is one of the first refinishing firms to go "dust free". Customer base includes Connecticut primarily, but also NY, PA, MA, NH, RI and Florida in the past. Sales data in recent years has ranged between $250,000 and $350,000 per year with owner income ranging from $50,000 to $75,000. Peak sales and earnings were significantly higher,approximately double, particularly in the strong economic years of the late 1980's and late 1990's. Owner now has one full time employee to assist in refinishing work and one in the office. Equipment including a service van and all special tools are included in the sale. Business activity can be expected to improve with the overall economy, particularly in housing. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>200000.0000</listingPrice>
<downPayment>200000.0000</downPayment>
<grossRevenues>238655.0000</grossRevenues>
<discretionaryEarnings>50795.0000</discretionaryEarnings>
<locationGeneral>Central Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Profitable Check Cashing Business ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Profitable-Check-Cashing-Business.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Profitable-Check-Cashing-Business.aspx</guid>
<description><![CDATA[ Business was established in 1997 and was purchased by seller in July 2007. It is a franchise requiring royalties be paid on revenue generated. All documents related to running the business are available for review by the prospective purchaser upon an accepted offer. Gross volume of checks cashed for the last fiscal year (2011) were about $9 million and with a service charge of 2% per check gross sales to his company were approximately $180,000. To this must be added another $8,500 for miscellaneous income from Western Union, money orders, bill payments for customers, etc., and the total revenue is about $188,500 annually. Total expenses including rent of $1,700 per month ($20,400 per year), royalties to the franchisor of about $18,000 per year, part time-employees of about $10,000 per year and other miscellaneous expenses of $24,550 aggregate to $72,950 per year. The remainder of $115,550 is the cash flow accruing to the seller on an annual basis while working full time in the store. The business is located in a perfect place to generate check cashing activity with plenty of parking in a strip mall. All equipment in the store is included in the sales price. A check cashing license with the State of CT is required of the business owner. Revenue fees for check cashing are fixed by law. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>180000.0000</listingPrice>
<downPayment>180000.0000</downPayment>
<grossRevenues>188500.0000</grossRevenues>
<discretionaryEarnings>115550.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Tank Removal Service ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Tank-Removal-Service.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Tank-Removal-Service.aspx</guid>
<description><![CDATA[ Business provides contract services in fuel tank testing and removal. Company also installs new tanks. Breakdown is roughly 60% residential customers (homes) and 40% commercial customers. Commercial is defined as office buildings, strip malls, gas stations and municipalities. More broadly, a customer is anyone who needs a tank tested, serviced, installed or removed. Company employs nine people. It owns and operates equipment with an original cost in the $700,000 range that is roughly worth about $150,000 at current values. Company rents office space of about 900 sq. ft. for $800 per month and this also includes space to park the Company's mobile equipment. Owner has no personal Licenses but the manager holds an S1 License for the state of Connecticut. A home improvement license may also be needed for certain jobs. For the year 2010 sales of $973,600 were down about 18% from 2009 while net income was $64,773 for the year 2010, down 64% from 2009 per the Company's financial statements. Owner cash flow including add backs to net income was in the $150,000 range for 2010. Economic factors were the prime reason for the decline in 2010 versus 2009 plus the fact that the owner has been retired since 2008 and has a limited role. Business is operated by a manager. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>350000.0000</listingPrice>
<downPayment>350000.0000</downPayment>
<grossRevenues>973578.0000</grossRevenues>
<discretionaryEarnings>65816.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Metal & Plastic Stripping Company ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Metal-and-Plastic-Stripping-Company.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Metal-and-Plastic-Stripping-Company.aspx</guid>
<description><![CDATA[ Owner and family purchased business in 1986. Company specializes in stripping metal and plastic surfaces of paint, rust and other coatings in preparation for refinishing. The stripping is accomplished by hand stripping and tumbler stripping but mainly by media blasting of the metal or plastic parts within blasting booths. This is done inside blasting rooms to minimize the EPA regulation oversight and to reduce the liability insurance costs. This limitation would then necessarily exclude work outside the shop such as patio railings. Accounts primarily cover a five state region in the northeast and range from commercial, residential and hobbyist particularly as related to classic automobiles. In addition to automotive business, accounts can include any surface refinishing applications such as aircraft parts and industrial parts. Original gross equipment costs incurred were in the $350,000 range with a current value of roughly $200,000 and is included in the purchase price. Sales for the last three (3) years were $596,500 in 2010, $558,700 in 2009 and $579,700 in 2008. For the full year 2011 sales are estimated at $625,000. Company is an S-Corporation. Financial data presented here is exclusively from tax returns. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>490000.0000</listingPrice>
<downPayment>490000.0000</downPayment>
<grossRevenues>596456.0000</grossRevenues>
<discretionaryEarnings>134894.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Gas with Small Store ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Gas-with-Small-Store.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Gas-with-Small-Store.aspx</guid>
<description><![CDATA[ This gas station is pumping about 80,000 gallons per month at a margin of between $.10 and $.12 per gallon and is selling about $500 to $750 per day in convenience items from a small kiosk style market. Lottery has recently been added and is generating commissions of about $300 to $400 per month. The location is prime on a busy north/south state route in the main shopping section of the city. A major factor from an expense point of view is the monthly rent of only $1,750 per month with no additional common charges. Hours of operation are 6am to 10pm. Inventory on hand is approximately $6,000 and is to be paid in addition to the purchase price. The business has a straight ten (10) year lease expiring in Dacember 2019. The oil company will require a $32,000 refundable deposit and a $5,000 non-refundable deposit at closing. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>125000.0000</listingPrice>
<downPayment>125000.0000</downPayment>
<grossRevenues>154800.0000</grossRevenues>
<discretionaryEarnings>33600.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ High Volume Gas w/Convenience Store ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/High-Volume-Gas-w-Convenience-Store.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/High-Volume-Gas-w-Convenience-Store.aspx</guid>
<description><![CDATA[ This gas station with convenience store generates sales of about 100,000 gallons per month @ $.14 per gallon and convenience store sales of about $65,000 per month @ about 30% gross margin. It is located just off interstate I-95 and has a fully equipped food service area for a take-out deli or other fast food business which is presently not being operated. In the past, this area of about 300 sq. ft. has produced sales in excess of $1,000 per day. Marginal income on deli sales should be in the 35% range on sales at a minimum. This would be $350 per day or $1,750 per week for a five-day week or $87,500 per year additional profit to the owner and should be added to the figures showing here. Lottery sales run in the range of $70,000 per month at about 5% commission but lottery was discontinued in 2007 by the owner for personal reasons . This lottery commission of roughly $3,500 per month or $42,000 per year, should also be added to the figures showing here. So, by adding the lottery income and the deli income, total annual pretax income will be in the $150,000 range. Rent, including real estate taxes and common area maintenance, is $12,300 per month. Landlord is a major national oil company. Inventory averages about $70,000 and is not included in the purchase price. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>359000.0000</listingPrice>
<downPayment>359000.0000</downPayment>
<grossRevenues>453000.0000</grossRevenues>
<discretionaryEarnings>99348.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Deli: Strong Sales w/Low Overhead ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Deli-Strong-Sales-w-Low-Overhead.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Deli-Strong-Sales-w-Low-Overhead.aspx</guid>
<description><![CDATA[ This is a long established New York style delicatessen in a residential/commercial area of a town with 50,000 people. Has a loyal customer base used to high quality sandwiches,salads and daily specials. Sales run in the $280,000 per year range excluding catering. Facility is about 1,200 sq. ft. and business is all take-out with no seating. Kitchen is spacious with complete equipment including 12-burner range with large 16-foot hood and adequate refrigeration while the front area is efficient and of ample size to service a busy customer base. Rent is only $100 per month until April, 2013 plus a five year option at $1,100 per month. This business will best suit an experienced Deli person with culinary skills. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>179000.0000</listingPrice>
<downPayment>179000.0000</downPayment>
<grossRevenues>280000.0000</grossRevenues>
<discretionaryEarnings>85280.0000</discretionaryEarnings>
<locationGeneral>Southern Connecticut</locationGeneral>
</item>
<item><title><![CDATA[ Car Wash w/Gas Station ]]> </title>
<link>http://www.vrbusinessbrokers.com/Listing/Car-Wash-w-Gas-Station.aspx</link>
<guid isPermaLink="true">http://www.vrbusinessbrokers.com/Listing/Car-Wash-w-Gas-Station.aspx</guid>
<description><![CDATA[ This is car wash/gas station with small convenience store. Real estate and business are being sold as a package. The real estate includes .64 acres of land and a building. The business includes a car wash and a gasoline filling station containing two 10,000 gallon gas tanks, three islands with three dispensers (6 nozzles), a 1000 gallon propane tank and a small convenience which should be enlarged. Business has been in the same family since 1969. Car wash equipment is 28 years old and functional although it needs some upgrade. The tanks and fueling dispensers were installed in December 1992. Location is excellent although not without competition for gasoline. Only one other car wash exists in this city. ]]> </description>
<pubDate>5/24/2012</pubDate>
<listingPrice>1250000.0000</listingPrice>
<downPayment>1250000.0000</downPayment>
<grossRevenues>0.0000</grossRevenues>
<discretionaryEarnings>0.0000</discretionaryEarnings>
<locationGeneral>Central Connecticut</locationGeneral>
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