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This Business has been Sold!
Closing Date: 02/10/2015
Business for Sale Summary

Prime Upscale Wine & Spirits - 25482

Business Type: liquor store/ wine
Sold
Prime Upscale Wine & Spirits
On February 10th 2015, The Undersigned
Acted as the Advisor to the Deal
Vested Corporate
Vested Corporate Senior Broker
Servicing: This Broker is Servicing All of States
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 $161,750 Down Payment $0
Gross Revenues $533,835 Lease Remaining Register Free to View
Owner’s Cash Flow $111,500 Number of FT Employees Register Free to View

Financing

$0 Down and

Business Description

Upscale local favorite wine store has been in business for many years. Located in safe, wealthy and sophisticated town. Newly remodeled and redesigned contains custom cedar panel walls, cork flooring and hand-made oak wine racks creating ambiance and appeal. Great central location known to the public for service, selection and competitive pricing. Wine & scotch clubs are a monthly customer attraction bringing residual sales to owner year round. Newly implemented internet sales offering a moderate liquor selection from the CT Beverage Journal will increase revenue further. Wine store consists of: 2,400 square feet with 2,400 square feet of basement space; hand-made oak wine racks and shelving; 3 computer POS register terminals; 2 separate computer terminals; 1 large wine cooler; 1 large walk-in beer cooler; custom-made oak tasting bar; 1 built-in dishwasher.

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.