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Business for Sale Summary [Non-Confidential]

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Providence County, RI

Business Type: retailing businesses,liquor store/ wine

Recorded Info
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Non-Confidencial Financial Infomation

  • Asking Price

    $895,000.00

  • Gross Revenues

    $1,546,500.00

  • Financing

    $ 550,000.00 Down and Balance and Inventory over 5 years @ 6%

  • Owner's Cash Flow

    $296,900.00

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Disclaimer: The information in these listings is provided by the Seller. Vested Business Brokers, Ltd. has not independently verified this information. Our Brokers are not authorized to make any representations or warrantees. You agree to hold Vested and its associated brokers harmless for any misrepresentations made by seller.

Business Description

Nicely updated liquor store located in a busy area of the city attracting a diverse mix of customers. Beer makes up 45% of the sales, Liquor 30% and wine 25%. Great POS system shows all revenue so the figures are easily verified. Current owner spends time at the location but does not wait on customers, the store is fully staffed with double and triple coverage during the busier days and hours. So far this year sales are trending up 10% over last year. Seller has recently made improvements to the store displays and layout. Call now to learn more about this opportunity.

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