Beer & Wine Store Seeks Owner - 21648
Business Type: liquor store/ wine,must sell/drastic price reduction!,absentee business
Acted as the Advisor to the Deal
Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $250,000 | Down Payment | $250,000 |
| Gross Revenues | $706,378 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $131,273 | Number of FT Employees | Register Free to View |
Financing
$250,000 Down and TBD
Business Description
The price of this neighborhood beer and wine store has been reduced by $100k for quick sale due to partnership issues. Younger partner wanted to build the business. Older partner will not spend a nickel. This is an attractive store at the strategic center spot in a suburban shopping center located in the affluent DC metro area. The store has been a fixture with regular customers who have done business here for over 20 years. The store features select wines and craft beers, plus domestic and international brands. The business is currently run by clerks. Owners are absent. The numbers show it. Sales of beer and wine are more than $50,000 per month. Active Maryland lottery commissions and Money Gram services pay the rent and the cost of common area maintenance. The new owner will have the opportunity to negotiate a favorable long term lease. An operator with marketing skills, who knows the trade, will grow sales to $1 million and beyond. Demographics are strong. There are 100 thousand households of $125 thousand average income within 5 square miles. Business neighbors are banks, restaurants, gas stations, CVS drug store, offices, auto parts superstore and many other specialized retailers. Large walk-ins and ample storage allow for additional display and shelving to accommodate lots of growth. Call 1-877-735-52254 For More Info
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
Featured Listing Listing 35892
- Asking Price
$400,000 - Cash Flow
$182,000 - Down Payment
$400,000
Featured Listing Listing 36787
- Asking Price
$650,000 - Cash Flow
$546,266 - Down Payment
$650,000
- Asking Price: $340,000
- Cash Flow: $172,124
- Down Payment: $340,000
- Asking Price: $130,000
- Cash Flow: $0
- Down Payment: $130,000
- Asking Price: $330,000
- Cash Flow: $135,000
- Down Payment: $330,000
- Asking Price: $769,000
- Cash Flow: $180,000
- Down Payment: $769,000
- Asking Price: $210,000
- Cash Flow: $237,000
- Down Payment: $210,000
New Listing
- Asking Price: $140,000
- Cash Flow: $50,000
- Down Payment: $140,000
- Asking Price: $550,000
- Cash Flow: $0
- Down Payment: $500,000
- Asking Price: $150,000
- Cash Flow: $0
- Down Payment: $100,000
- Asking Price: $350,000
- Cash Flow: $100,000
- Down Payment: $262,500
New Listing
- Asking Price: $650,000
- Cash Flow: $240,000
- Down Payment: $650,000
- Asking Price: $450,000
- Cash Flow: $100,000
- Down Payment: $450,000
- Asking Price: $125,000
- Cash Flow: $62,500
- Down Payment: $75,000
- Absentee business
- Adult homecare assisted living
- Assets only sale
- Auto repair
- Convenience store
- Delicatessen/catering services
- Entertainment
- Equipment rental and sales
- Fast food franchise
- Freight moving/delivery/storage/warehousing
- Gasoline service station
- Health/beauty/nutrition supply
- Healthcare related services
- Homebased business
- Internet consumer services b2c
- Liquor store/ wine