Wine & Liquors - 26346 Business Type: owner financing available,liquor store/ wine
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $280,000 | Down Payment | $200,000 |
| Gross Revenues | $650,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $130,000 | Number of FT Employees | Register Free to View |
Financing
$200,000 Down and 100,000 for 5 years @ 7%
Business Description
Suffolk County Semi Free standing Liquor & Boutique style wine shop with full 1000 square foot basement located on main road in the heart of neighborhood. Note under capitalized seller did $650k gross last year with under $40k in inventory.Buyer who stocks store properly can bring sales back up by 30 percent. Store is 60 percent wine and 40 percent liquor. Basement has inside and outside entrance nice store. Buyer will need $30k for present inventory.Lots of room for growth seller only works 3 0r 4 days a week. 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.
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.
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