Growing Wine & Spirits Store - 26412 Business Type: liquor store/ wine,misc. retail/non-classifiable,other eating & drinking places
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $125,000 | Down Payment | $125,000 |
| Gross Revenues | $264,000 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $54,109 | Number of FT Employees | Register Free to View |
Financing
$125,000 Down and Price does not include inventory of approx. $115K.
Business Description
Growing Wine & Spirits store in the heart of a residential area. This store is within walking distance of its core customers. The road where it is located is heavily traveled. Everything is new, from floor to ceiling. LOTTO was just added in the past 4 months. There is an opportunity to add a retail store or beer distributor in a connected store that will soon be closing down. It has a separate entrance. Sales continue to grow month to month with projected gross sales of approx. $264,000 in year 1 and a net income of approx. $54,109.00. This store has great upside for an owner/operator. It is a great starter opportunity for someone looking to get into the liquor and wine business. THE RENT IS ONLY $1,750/MTH for 786 sq. ft. of sales space plus approx. 100 sq. ft of storage space. Sales are fully verifiable! Please note that all sales were achieved with little to no advertising. Inventory is approx. $115,000.00, NOT included in the asking price. We are looking for a serious and financially qualified buyer. If you meet the criteria, call or email Mel Vaz today at 631-909-1095 or mvaz@vestedbb.com.
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.
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