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This Business has been Sold!
Closing Date: 06/29/2015

Business for Sale Summary

High Vol. Wine & Liquor Store - 26581

Business Type: retailing businesses,liquor store/ wine,other eating & drinking places,special situations,best deals!,new to market,seller financing available
Sold
High Vol. Wine & Liquor Store
On June 29th 2015, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $675,000 Down Payment $400,000
Gross Revenues $1,833,796 Lease Remaining Register Free to View
Owner’s Cash Flow $263,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and $275K over 5 yrs. @ 6% (Plus Inventory of apprx. $285K)

Business Description

High Volume Wine & Liquor Store for sale. The current owner has been here since 2006. It is located on a very busy roadway in a large shopping center. This business has had continued sales growth each and every year since it was started. In the past year sales were up 7.5%. There is also very little competition locally. In the past year the store has grossed $1,833,796.03 with a net income of approx. $263,000.00. The unique part of this store is its size. At 2,500 sq. ft., it offers a large retail sales floor and a tremendous amount of storage space. This store is an ideal location to support higher sales volume and storage for good deals. There are 6 years left on the lease (it can be extended) and they have well over 300 parking spaces. ALL SALES AND INCOME FIGURES ARE VERIFIABLE! The owner has state of the art POS software. We are looking for serious and qualified buyers ONLY! The address will not be released until a buyer can show Proof of Funds for the $400K downpayment plus $285K in current inventory. If you meet these 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.