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Large Liquor Store for Sale in Southern Connecticut
| Reference #: |
05221596
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| Location: |
Southern Connecticut
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| Price: |
$475,000 |
| Amount Down: |
$475,000 |
| Revenues: |
$991,630 |
| Discretionary Earnings: |
$155,833 |
| Total Assets: |
$153,000 |
| Business Description: |
Business is a liquor store with annual sales in the $1,000,000 range, having established itself strongly in the community within the past six years. It is located in a growth area of the state with major retailers building new facilities along with above average residential construction. Wine business accounts for about 50% of total sales with gross margins well above 30% in that category. Overall product gross margin of the business has averaged about 29% over the past three years including liquor and beer. The store has roughly 3,000 sq. ft. with one large walk-in cooler and the balance of the space utilized for product display. Additional space availability is possible. Inventory is the $125,000 range and is not included in the purchase price. |
Contact Us About This Business For Sale
The information above has been provided by the seller and/or the seller's financial advisors and has not been verified by this independently owned office, its representative, or VR. This independently owned office, its representative, and VR make no warranty regarding the accuracy of this information and advises prospective buyers to conduct their own due diligence prior to purchasing any business. |
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