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Business for Sale

Wine and Liquor Store
New Haven County, CT

Listing #34339

   
Financial Information (non-confidential)
Asking Price $750,000.00 Gross Revenues $3,852,914.00
Down Payment $750,000.00 Owner’s Cash Flow $307,000.00

Financing: $750,000.00 Down and TBD

Reason for Selling:Other Businesses

Absentee wine and liquor superstore (7800 sq. ft.) for sale in a large, upscale CT shopping center. Wine, liquor and beer are sold here. Huge craft beer and wine selection. Keg Sales. Many refrigerated cases in this superstore. Full-time owner/operator can grow this new business and do their own internet sales and fulfillment. Main road location with excellent anchor stores. Gross sales have grown from $ 2,087, 2018 in 2019 to $ 3,181,454 in 2020. 2021 gross is $ . 3,852, 914 with recast 2021 annual owner net cash flow of $ $696,000. This explosive growth is due to booming online sales that will stay with the new buyer. All numbers assume an ACTIVE OWNER OPERATOR. No more liquor licenses available in this upscale town. Owner/operator will recapture all of manager's salary and expenses of running the corporate store absentee. Half of business is high-end wine sales. Opportunity to increase sales by offering lotto, cigarettes and wine accessories. This is an opportunity valued and priced for a full-time owner operator. Proof of funds of at least $1m is required for more information and a meeting with the owner. Contact broker Joseph Stansky for more details.

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.
Joseph Stansky Esq
Senior Business Broker
631-383-3109
jstansky@vestedbb.com
Servicing Area:
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Joseph Stansky Esq

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