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Business for Sale Summary

Growing Beverage Distributor w Class C License - 33440

Business Type: misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,other business services,other eating & drinking places,wholesale/dist businesses,beer distributor
Growing Beverage Distributor w Class C License
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Financial Information (non-confidential)

General Information
Asking Price $299,000 Down Payment $299,000
Gross Revenues $690,614 Lease Remaining Register Free to View
Owner’s Cash Flow $95,000 Number of FT Employees Register Free to View

Financing

$299,000 Down and None.

Business Description

Growing Beverage Distributor with Class C License. This is one of the few industries that has been deemed essential and has shown 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 over the past few years and it has led to year over year growth. 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 5 years left on the current lease with an extension possible for a qualified buyer with good credit. The current rent is $4,200/mth (incl taxes and CAM). In the trailing 12 months the business grossed approx. $690,614.00 with a discretionary cash flow of approx. $95,000.00. 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 $350K in liquid funds to cover the asking price and approx. $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 or email Mel Vaz today at 631-909-1095 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.

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.