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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. |
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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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1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |