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Liquor Store--spacious, clean, priced right! for Sale in Central Connecticut

Reference #: 41980137
Location: Central Connecticut
Price: $125,000
Amount Down: $125,000
Revenues: $455,636
Discretionary Earnings: $42,496
Total Assets: $87,000
Business Description: This sparkling clean, spacious liquor store is located at the intersection of two high-traffic commercial arteries in central Connecticut. The store was established in 2009. Located in the heart of a major commercial area, lighted signs announce its presence as one of three businesses in a well-maintained brick building with ample parking, including four dedicated slots for the business. The other two businesses are a cigar club and a billiard parlor, which feed the business. A new BJ’s discount store directly across the street has provided significant increase in traffic since its recent opening. The addition of Lottery and Cigarette sales will significantly enhance the profitability of the store. Part of the 3600 square feet of the store is devoted to a brand new 12’ X 36’ walk-in cooler, with two compressors on the roof, LED lighting, and heated glass doors. All racks are new. Wine accounts for approximately 50% of total sales (estimated at $455,636 for 2011), liquor 30%, and beer 20%. The rent has been $4,252 per month, but negotiations have been initiated to reduce that to about $3,250 per month.

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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.