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Business for Sale Summary

Long Established Beer Distributor for Sale - 37056

Business Type: entertainment,misc. retail/non-classifiable,misc. wholesale/distribution/non-classifiable,wholesale/dist businesses,beer distributor
Long Established Beer Distributor for Sale
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This business has received 128 indications of interest - Act Quickly!

Financial Information (non-confidential)

General Information
Asking Price $400,000 Down Payment $400,000
Gross Revenues $450,000 Lease Remaining Register Free to View
Owner’s Cash Flow $125,000 Number of FT Employees Register Free to View

Financing

$400,000 Down and None.

Business Description

High Volume Beer Distributor with Wholesale License. NY State is NOT issuing any new Wholesale 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 after 18 years running this as a hobby business. Great reviews! Fantastic rent! This 1,500 sf space offers everything from craft, domestic and imported beer to kegs, growlers, ice and so much more. There are 2.5 years left on the current lease with an extension possible for a qualified buyer with good credit. The current rent is only $2,336/mth. The business currently operates Mon - Sat. 10am-7pm, Sun 10am-5pm. Gross sales were approx. $450,000.00 for 2024 with a discretionary cash flow of approx. $125K. The margins are high because they do very little wholesale business. Over 95% of the business is beer, soda, snack retail sales. In addition to the owner there is 1 FT employee. An owner-operator, partners or a family would be ideal purchasers. We are seeking a serious and financially qualified buyer with at least $420K in liquid funds to cover the asking price and an additional $20K in inventory. Proof of funds will be requested before any meetings or calls 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.