High Volume Beer Distributor for sale in NY - 35110

Financing

$545,000 Down and Possible with a PG and collateral.

Business Description

High Volume Beer Distributor with Class C License. Pandemic Proof! Recession Proof! NY State is NOT issuing any new Class C licenses. This is a solid barrier to entry for new competitors. There are only a handful of these businesses for sale in NY State! The current owner is finally ready to retire. This spacious 7,500 sf space offers everything from craft, domestic and imported beer to kegs, growlers, ice and so much more. They are located just off a major roadway with ample parking and a favorable lease. There are 6 years left on the current lease with an extension possible for a qualified buyer with good credit. The current rent is $9,583.33/mth (incl taxes and CAM). The business currently operates Mon. – Thurs. 10am-8pm. Fri & Sat. 10am-9pm, Sun 9am-7pm. Gross sales were up from $1,500,000.00 in 2021 to $1,607,230.00 in 2022 with a discretionary cash flow of approx. $205,097.00 (reflecting an owner-operator). The current owner keeps good records of sales and expenses. The business has 2 full-time and 2 part-time employees. An owner-operator, partners or a family would be ideal purchasers. We are seeking a serious and financially qualified buyer with at least $645K in liquid funds to cover the asking price and an additional $100K in inventory. Proof of funds will be requested before the exact address is released or 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, text or email Mel Vaz today at 631-767-0157 or melvaz@vestedbb.com.

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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.