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Business for Sale

Beer & Beverage Distributor for sale in NY
Suffolk County, NY

Listing #33440

   
Financial Information (non-confidential)
Asking Price $225,000.00 Gross Revenues $700,000.00
Down Payment $225,000.00 Owner’s Cash Flow $100,000.00

Financing: $225,000.00 Down and Possible for a well qualified buyer with good credit and a personal guarantee.

Reason for Selling:Moving..

Growing Beer Distributor with Class C License. *Price Reduced* An absolute steal! This is one of the few industries that was been deemed essential and showed growth during the pandemic shutdown. NY State is NOT issuing any new Class C licenses, so there is a good barrier to entry for new competitors. The current owner renovated and upgraded this business. This spacious 2,500 sf space offers everything from craft, domestic and imported beer to kegs, growlers, ice and so much more. They are located in a large shopping center on a major roadway with over 200 parking spaces and a favorable lease. There are 9 years left on the current lease with an extension possible for a qualified buyer with good credit. The current rent is $4,300/mth (incl taxes and CAM). Hours can be extended. The business currently operates Sun. 9am-5pm, Closed Monday, Tu-Th 10am-7pm, Fr & Sat. 9am-8pm. 2021 projected gross sales are $700,000.00 with a discretionary cash flow of approx. $100,000.00. The owner is only there 4 days/week. The business has a F/T employee as well. We are seeking a serious and financially qualified buyer with at least $275K in liquid funds to cover the asking price and an additional $50K in inventory. Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.

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