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This Business has been Sold!
Closing Date: 06/28/2023
Broker: Syed Ahmed
Business for Sale Summary

Established Beer Distributor for sale in NY - 34633

Business Type: business with property available,owner financing available,beer distributor
Sold
Established Beer Distributor for sale in NY
On June 28th 2023, The Undersigned
Acted as the Advisor to the Deal
Syed Ahmed
Syed Ahmed Senior Broker
Servicing: Nassau County, NY
Suffolk County, NY
Kings County, NY
Bronx County, NY
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.

Financial Information (non-confidential)

General Information
Asking Price $350,000 Down Payment $350,000
Gross Revenues $1,137,000 Lease Remaining Register Free to View
Owner’s Cash Flow $105,000 Number of FT Employees Register Free to View

Financing

$350,000 Down and

Business Description

This 30 years old beer distribution business is located in a crowded neighborhood on Long Island. The seller owns the property. Is selling the property too through PMTG Realty.. Its gross sale is over 1.1 million a year. Also has propane; makes $37,000 profit a year. An apartment earns $1200 a month. The seller wants to retire. Wants to sell the business and the property for 1.1 million; will hold a mortgage for 15 years, with $400,000 as a down payment. A great opportunity to buy a beer distribution business With property in which the seller is ready to hold a mortgage. The seller's net cash flow, after paying all the expenses, is over $100,000. Proof of funds is a must. Call Syed at 631-374-7686 for more information and the address.

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.

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.