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Two Liquor Stores
Bristol County, MA |
Listing #18908 |
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| Financial Information (non-confidential) |
| Asking Price |
$1,700,000.00 |
Gross Revenues |
$3,275,176.00 |
| Down Payment |
$1,000,000.00 |
Owner’s Cash Flow |
$586,185.00 |
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Financing: $1,000,000.00 Down and Seller will finance balance of business purchase price for 7 years at 6%. Property must be purchased with the business for an additional $500k.
Reason for Selling:retirement
Two Liquor stores with Redemption Center. The business must be purchased with the property through the owner for an additional $500k. (Total price $2.2 million). Property includes rental apartments that bring in $21k per year. Store sales were $1.8 million at one location and $1.35 million at the other. Lotto commission is $49k for both locations combined. Redemption center nets an additional $89k per year. Great track record. Currently run semi-absentee with employees willing to stay on for a new owner. Buyers should be prepared to show proof of funds for the down payment in order to qualify and receive additional info from the seller. With two locations and large storage areas, this gives the owner the opportunity to buy in bulk and take advantage of distributor volume discounts. Call today for more info on this great opportunity.
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David Cohen
Senior Business Broker
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Servicing Area:
All of MA
All of RI
All of CT
All of NH
All of NY
All of NJ
All of ME
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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller. |
1(877) 735-5224 | 24 Woodbine Ave, Suite #204 Northport, NY 11768 | vestedbb.com |
