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Business For Sale
LARGE WINE STORE - BASE TO GROW TO MAJOR CT WINE
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Asking Price: |
$500,000
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Liquor Stores
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Yearly Revenues:
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$1,000,000 |
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Yearly Cash Flow:
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$200,000 |
Business for Sale Overview:
$1MM, 3,500 Square Feet wine store in fastest growing area of CT. Major grocery shopping chain building in next lot with opportunity to relocate next door to it. Business will increase substantially whether relocate or not. No other permits in Town. 60% wine sales with 30% plus average gross margin. Largest store in area. Modern store with as new coolers, racks, walk-in wine cooler, etc. Because of location, development of the area, current and growing clientele, owner is firm on price. This store can be grown into major wine source with internet, etc. or major wine/beer/spirits store - or combination. Potential due to location is $2.5MM plus. Its value is its starting point at new owner purchase as the largest and highest percentage wine store in the area. Next major store is 15-20 miles away.
Additional Details:
- The property is leased.
- The owner may be willing to train/assist the new owner.
- The owner may be willing to work for the new owner.
- This may become a homebased business opportunity.
- This may become a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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