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Business for Sale Summary

Great Wine & Liquor Store - Estab. 23 Yrs. - 31099

Business Type: best deals!,new to market,liquor store/ wine
Great Wine & Liquor Store - Estab. 23 Yrs.
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Financial Information (non-confidential)

General Information
Asking Price $225,000 Down Payment $225,000
Gross Revenues $575,000 Lease Remaining Register Free to View
Owner’s Cash Flow $90,000 Number of FT Employees Register Free to View

Financing

$225,000 Down and None.

Business Description

Great Wine & Liquor Store - Established 23 years. This store is located in a large shopping center with ample parking. It is surrounded by a dense residential area with very loyal clientele. Known for its variety of liquor, wines and other related products, this well-established liquor store combines convenience and friendly service into a great investment for buyer looking to own a liquor store. The store is a spacious 1,800 sq. ft. with A RENT OF ONLY $2,100/MTH. There are 9 years left on the current lease plus 3 options. The current owner has been here for 7 years and added many improvements, including a state-of-the-art POS System, camera system, new carpeting, and wooden shelving in the storage area. LOTTO was also added in 2012. In the past year, the business grossed approx. $575,000.00 with a cash flow of approx. $90,000 (for an owner/operator w/ some part-time weekend help). The store has steady sales with a strong upside. The sale also includes the store website. We are seeking a serious and financially qualified buyer with at least $370K in liquid funds to cover the $225k asking price and approx. $149K in inventory. To learn more, please call or email Mel Vaz today at 631-909-1095 or melvaz@vestedbb.com. ALL SITE VISITS MUST BE DISCREET. PLEASE DO NOT MENTION THE SALE WHEN VISITING THE LOCATION.

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.