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Pristine and Profitable Liquor store for sale in Connecticut
Pristine and Profitable Liquor store
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Pristine and Profitable Liquor store on street with high traffic count. Store has great curb appeal and when walking through the front door the first impression is clean and organized and not a spot of dust on the bottles or shelves. Multiple profit centers - Wine dominates the store, Beer and Liquor also have an ample display area. Lotto, Cigarettes and soft drinks are also sold. Sales increasing year after year as current owners have grown the business since the purchase 5 years ago. |
Listing Number: 1298
Ken Ernhout - Listing Broker
36 Old Farms Rd, Litchfield, CT 06759
Telephone - (860) 361-6398
E-mail -
kernhout@capitalbbw.com
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| Category |
RETAILING BUSINESSES |
| Sub-Category |
Liquor Stores |
| Asking Price |
$297,000 |
| Gross Sales |
$525,000 |
| Cash Flow |
$103,000 |
| FFE |
$0 |
| Inventory |
$100,000 (Inventory NOT Included) |
| Real Estate |
$0 (Real Estate NOT Included) |
| Employees |
2 - Full-Time
0 - Part-Time |
| Facilities |
The store has 1500 square foot of retail space with another 1500 square foot of storage. Plenty of parking to accommodate multiple customers. Multiple wine racks dominate the store including 2 coolers for wine and soft drinks. Large walk in cooler for beer. Long lease with annual increases of 5%. |
| Relocatable? |
(Is Not Relocatable) |
| Home Based? |
(Is Not Home Based) |
| Market Notes |
Store in a highly populated area with high traffic count. Great visibility for the road. Close enough to a large residential area and plenty of foot traffic is recognized as well. Business receives customers from neighboring businesses also. |
| Growth Notes |
Advertizing budget to offer sales and Wine tasting may add to the current growth in sales. Sales have increased 20% in the last 3 years and are continuing to rise 2011 YTD. |
| Support Training |
Owner will stay for a transition period depending on buyer's skill sets. |
| Year Established |
2006 |
| Financing Terms |
Some financing Possible only on inventory |
| Reason for Selling |
Other interests |
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