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This Business has been Sold!
Closing Date: 07/29/2022
Business for Sale Summary

Liquor Store in New London County, CT - 30439

Business Type: gift and specialty retail,misc. retail/non-classifiable,liquor store/ wine
Sold
Liquor Store in New London County, CT
On July 29th 2022, The Undersigned
Acted as the Advisor to the Deal
Marie Goldstein
Marie Goldstein Senior Broker
Servicing: All of NY
All of NJ
All of CT
All of PA
All of OH
All of NC
All of NH
All of ME
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 $189,000 Down Payment $189,000
Gross Revenues $850,000 Lease Remaining Register Free to View
Owner’s Cash Flow $49,780 Number of FT Employees Register Free to View

Financing

$189,000 Down and Inventory can be financed for qualified buyer with collateral

Business Description

Best location to grow your business, every year. Currently an absentee operation and still doing well. However, an owner-operator can restart delivery service, which is absolutely needed by nearby seniors. In 2017, business was obstructed by seven months of construction activities. All construction is over for the new buyer to reap benefits. Very profitable single sales are done here. Excellent location, in the vicinity of major brand-name stores, attracts customers without effort. All brand-new equipment under warranty and LED lights for energy efficiency. Business is going up every year and, without construction business, could have been one million in 2017. New owner, with proper attention, can bring this store to multi-million dollars in sales. Other income includes ATM commission of about $6000 and lotto commission of about $11,960. Please contact the broker at 1-877-735-5224.

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. kg

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.