87 Grandview AveWaterbury, CT 06708

Property Details for 87 Grandview Ave

Property type

Investment properties

Description

This exceptional business opportunity presents a thriving vending machine operation with significant expansion potential. Currently operating six machines at a prime location at 87 Grandview Avenue, Waterbury, CT, this established business boasts a secure, long-term lease. The current tenant has signed a 10-year non-compete agreement, ensuring exclusivity and minimizing competition within the immediate area. The existing setup provides a solid foundation for immediate revenue generation and profitability. However, the true potential lies in the opportunity to expand into a dozen additional pre-identified locations throughout southern Connecticut. This turnkey operation offers a unique chance to acquire a proven business model with built-in growth opportunities. The asking price of $20,000 represents a significant value proposition considering the established client base, secure lease, and substantial expansion potential. This is an ideal acquisition for an entrepreneur seeking a low-risk, high-reward investment in a recession-resistant industry. The business is currently operating at 87 Grandview Avenue, Waterbury, CT, on a 0-acre lot. The square footage of the current location is not specified. This is a business opportunity, not a property sale. Serious inquiries only.

Location Insight

City

Waterbury

County

New Haven

State

Connecticut

Latitude

41.5586

Longitude

-73.062

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