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Business for Sale Summary

High Traffic Beer Distributor *PRICE REDUCED* - 29865

Business Type: all industries,durable goods (conditions),misc. wholesale/distribution/non-classifiable,best deals!,new to market,beer distributor
High Traffic Beer Distributor *PRICE REDUCED*
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This business has received 135 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $450,000 Down Payment $450,000
Gross Revenues $1,300,000 Lease Remaining Register Free to View
Owner’s Cash Flow $225,000 Number of FT Employees Register Free to View

Financing

$450,000 Down and Possible for a qualified buyer.

Business Description

High Traffic Beer Distributor. *PRICE REDUCED* This location was fully renovated just 18 months ago. It is a spacious 7,000 sq. ft. space (3,500 sq. ft of sales floor and 3,500 sq. ft. of warehouse) with its own parking lot for at least 25 cars. It is a stand alone building on one of the busiest roadways in Nassau County. There are 18 years left on the lease with only 2% increases every 2 years and the FIRST OPTION TO BUY THE BUILDING. The majority of sales come from retail beer and soda as well as very high volume/high margin propane exchange and ice sales. They also offer a growler station with 8 taps. In the past year the business grossed approx. $1,300,000.00 (sales are up 30% in June 2017 over 2016) with a cash flow of approx. $225,000.00. The sale price DOES NOT INCLUDE INVENTORY (approx. $50K). Here's your chance to enter a very recession proof business. There is room to add wholesale beer sales. At this point sales are 100% retail. They also have LOTTO. The store has a Class C Beer Distribution License. If you check with the NYS Liquor Authority you will find that NO NEW Class C licenses will be issued in NY. The margins are very high for a beer distributor due to the high margin propane and ice sales. We are seeking a serious and financially qualified buyer with at least $495K in liquid funds to cover the asking price and inventory. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION. Be prepared to provide Proof of Funds for at least $K in order to meet with the seller.

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.

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.