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Business for Sale Summary

Super Successful Wine & Liquor Store - 27533

Business Type: best deals!,new to market,seller financing available,liquor store/ wine
Super Successful Wine & Liquor Store
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This business has received 108 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $2,250,000 Down Payment $2,250,000
Gross Revenues $3,275,000 Lease Remaining Register Free to View
Owner’s Cash Flow $450,000 Number of FT Employees Register Free to View

Financing

$2,250,000 Down and Seller financing may be made available to qualified buyers on a case-by-case basis.

Business Description

How many highly successful 7,600 square foot wine and liquor stores do you know of that come with 34 years left on the lease and whose rent escalates only once every 5 years? All financials can be verified and cross-referenced between tax returns, the POS system and a manual day book. Established 11 years ago, sales and profits continue to grow and that's without offering lotto, nor making any local deliveries. Furthermore, tremendous upside exists to get into the internet delivery business of wine and liquor from this location, given the warehouse space and loading dock from which on-line orders can be fulfilled. The owners are not desperate to sell, but will entertain offers starting at $2M or more, plus inventory. They believe and I have to agree that their extra-long lease justifies a better than average multiple for the store. Please be prepared to provide Proof of Funds for the business and its inventory before being introduced to the owners. Do be very discreet when visiting the store, as the employees and customers do not know it is for sale. Please contact listing broker Jay Goldman after you have taken a look, should you have any questions and would like to make an appointment to meet with the owners. Please contact the broker at 1-877-735-5224.

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.