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Business for Sale Summary

Established Liquor Store for Sale in Connecticut - 36140

Business Type: liquor store/ wine
Established Liquor Store for Sale in Connecticut
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Financial Information (non-confidential)

General Information
Asking Price $250,000 Down Payment $250,000
Gross Revenues $400,000 Lease Remaining Register Free to View
Owner’s Cash Flow $79,170 Number of FT Employees Register Free to View

Financing

$250,000 Down and

Business Description

Well-established liquor store with abundant opportunities for a new buyer. At 68 years old, this store boasts numerous advantages. Currently lacking lottery and ATM services, there's room for expansion. Recent costly renovations include new flooring, ceiling, and energy-efficient lighting throughout, reducing energy expenses. Additionally, a new office and bathroom have been installed, along with attractive countertop and paint upgrades. The store is equipped with a deep freezer and an ice maker for maximum profit, as well as eight door and two three-door coolers. There's potential to enlarge the store or add larger coolers. In the past, the store achieved double its current volume, indicating room for growth under new, more engaged ownership. According to the seller, liquor permits in the town are scarce. For further details, please contact broker Amit Desai at 860-680-4371.

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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.