High Volume Beer & Soda Distributor - 22721 Business Type: beer distributor,misc. retail/non-classifiable,other eating & drinking places,wholesale/dist businesses,misc. wholesale/distribution/non-classifiable,owner financing available
Acted as the Advisor to the Deal
Financial Information (non-confidential)
General Information | |||
---|---|---|---|
Asking Price | $325,000 | Down Payment | $165,000 |
Gross Revenues | $1,013,825 | Lease Remaining | Register Free to View |
Owner’s Cash Flow | $127,508 | Number of FT Employees | Register Free to View |
Financing
$165,000 Down and $160K over 4 yrs. @ 6% ( Sale Price Includes approx. $70K - $100K in Inventory)
Business Description
High Volume Beer & Soda Distribution business. The sale includes ALL INVENTORY (approx. $70K - $100K). Here's your chance to enter a very recession proof business. This beverage distributor is set back off a main road very close to Sunrise Highway. They can offer wholesale and retail sales of beer and soda. At this point sales consist of 97% retail and 3% wholesale. Th retail sales are further broken down into 85% Beer Sales, 10% Ice Sales and 5% Soda. They have one of the widest selections of beers on Long Island. They also have LOTTO. Gross LOTTO sales were $100K in 2012. There is a great opportunity to build the wholesale portion of the business. It is ready to go. The sale includes ALL INVENTORY (approx. $70K - $100K) a Chevy 2003, 2500 Cargo Van with 90K miles, a Yale Forklift, 8 Door Cooler with heated doors, 8 Tap Portable Growler/Keg station, 2 Water Cooled Compressors, a POS System (Computer, Laptop, Scanner, Thermal Receipt Printer, laser printer, cash drawer, keypad) and much more... The store has a Class C Beer Distribution License. If you check with the NYS Liquor Authority you will find that no new Class C licenses will be issued in NY. The license alone is worth $35K. 2012 Gross sales were approx. $1,100,000.00 with a Net of Approx. $127,508.00. The margins are very high for a beer distributor as the sales come mostly from retail sales right now. The store is a spacious 8,800 sq. ft. with ample parking and the opportunity for a long term lease. We are looking for a serious and qualified buyer with at least $200K in liquid capital to cover the asking price and inventory, working capital, closing costs, etc. Be prepared to provide Proof of Funds. Call or email Mel Vaz today to learn more 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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