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This Business has been Sold!
Closing Date: 12/14/2014

Business for Sale Summary

Growing Wine & Spirits Store - 26412

Business Type: retailing businesses,liquor store/ wine,misc. retail/non-classifiable,other eating & drinking places,special situations,best deals!,new to market
Sold
Growing Wine & Spirits Store
On December 14th 2014, The Undersigned
Acted as the Advisor to the Deal
Melvin L. Vaz
Melvin L. Vaz Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH, NJ, NY, PA, RI and VT
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $125,000 Down Payment $125,000
Gross Revenues $264,000 Lease Remaining Register Free to View
Owner’s Cash Flow $54,109 Number of FT Employees Register Free to View

Financing

$125,000 Down and Price does not include inventory of approx. $115K.

Business Description

Growing Wine & Spirits store in the heart of a residential area. This store is within walking distance of its core customers. The road where it is located is heavily traveled. Everything is new, from floor to ceiling. LOTTO was just added in the past 4 months. There is an opportunity to add a retail store or beer distributor in a connected store that will soon be closing down. It has a separate entrance. Sales continue to grow month to month with projected gross sales of approx. $264,000 in year 1 and a net income of approx. $54,109.00. This store has great upside for an owner/operator. It is a great starter opportunity for someone looking to get into the liquor and wine business. THE RENT IS ONLY $1,750/MTH for 786 sq. ft. of sales space plus approx. 100 sq. ft of storage space. Sales are fully verifiable! Please note that all sales were achieved with little to no advertising. Inventory is approx. $115,000.00, NOT included in the asking price. We are looking for a serious and financially qualified buyer. If you meet the criteria, call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.