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Business for Sale

High Volume Beer Distributor for sale in NY
Suffolk County, NY

Listing #35110

   
Financial Information (non-confidential)
Asking Price $545,000.00 Gross Revenues $1,607,230.00
Down Payment $545,000.00 Owner’s Cash Flow $205,097.00

Financing: $545,000.00 Down and Possible with a PG and collateral.

Reason for Selling:Retirement

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.

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.
Melvin L. Vaz
Senior Business Broker
631-909-1095
melvaz@vestedbb.com
Servicing Area:
All of NY
All of NJ
All of CT
All of MA
Melvin L. Vaz

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.

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