Established Liquor Store for Sale in Delaware - 35840 Business Type: misc. retail/non-classifiable,other personal services,seller financing available,liquor store/ wine
Financial Information (non-confidential)
$565,000 Down and Balance of $300k for 48 months @ 7%
Considerable Seller Financing.
Located in New Castle County Delaware, this long-established, 60-year-old, and highly profitable liquor store has become available. Delaware is a sales tax-free state and, unlike most other liquor stores in this County, this liquor store sits outside of the County’s restricted area which permits it to stay open longer hours (to 1am, Mon-Sat and to 8pm Sunday) although after 23 years, the current owner no longer takes advantage of the extended hours.
This business is managed by husband-and-wife who cover nearly all the hours with just two part-time employees. Operate the business as is and net $330,000 or increase the use of outside help and net more than $270,000 annually. Ideal for a H/W team or a partnership.
Advertise on social media, stay open to the fullest unrestricted hours, and bring revenues and profits to an even higher level.
For more information, contact Gerald Nimberg, Senior Business Broker, Vested Business Brokers at 646-269-4616.
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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.
- Asking Price: $250,000
- Cash Flow: $93,750
- Down Payment: $250,000
- Asking Price: $400,000
- Cash Flow: $50,000
- Down Payment: $250,000