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This Business has been Sold!
Closing Date: 11/15/2018
Broker: David Cohen

Business for Sale Summary

Liquor Store - 31179

Business Type: liquor store/ wine
Sold
Liquor Store
On November 15th 2018, The Undersigned
Acted as the Advisor to the Deal
David Cohen
David Cohen Senior Broker
Servicing: This Broker is Servicing All of CT, MA, NH and RI
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.

Financial Information (non-confidential)

General Information
Asking Price $599,000 Down Payment $349,000
Gross Revenues $1,292,442 Lease Remaining Register Free to View
Owner’s Cash Flow $168,000 Number of FT Employees Register Free to View

Financing

$349,000 Down and Seller note at 6% up to 5 years

Business Description

This well-run, well-documented liquor store is the anchor of a busy plaza. It is a 3600 sq. ft. store, with a full basement for plenty of storage, and a rent of only $2700 per month. This location has been a liquor store for over 15 years. Revenues have risen steadily under the current owner over the past four years. It generates a gross profit of 25%. Owner is now ready to retire. POS is only three years old, with two terminals and back office server. Call today to learn more about this fabulous liquor store.

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. kg

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.