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Fabulous Well Run Liquor store
Newport County, RI |
Listing #26085 |
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| Financial Information (non-confidential) |
| Asking Price |
$1,050,000.00 |
Gross Revenues |
$2,089,115.00 |
| Down Payment |
$300,000.00 |
Owner’s Cash Flow |
$327,667.30 |
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Financing: $300,000.00 Down and bank financing available for a qualified buyer
Reason for Selling:retirement
Well established and professionally run liquor store doing in excess of $2 million in sales with verifiable financials showing steady growth over the past 6 years. Located in a large shopping plaza on a main numbered road, this store is well inventoried and maintains a high standard of customer service.
Long term lease in place. Only 1 of a very few licenses available in town.
Financials have been reviewed by a lender and they would consider financing a
qualified candidate with 25% down and credit score over 700. Only store I ever seen
with a back up generator so they can still operate when the power goes out.
Contact VBB to learn more about this exciting opportunity.
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David Cohen
Senior Business Broker
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Servicing Area:
All of MA
All of RI
All of CT
All of NH
All of NY
All of NJ
All of ME
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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. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
