Business for Sale Overview:
A liquor store specializing in fine and unique wines is available for sale! The store is located in an affluent town in Middlesex county, with plenty of parking in front. In 2007, the median household income in this town was $120,000 and this store has built up a strong clientele of mostly women and wine drinkers. Other clientele include professionals, including well-known professors and executives. This is a fantastic opportunity to own an established and profitable business in a recession-proof industry! The business has the rights to a lottery license but the owner does not currently have lottery in the store. There is a high demand for it based on the inquiries they receive from customers. Adding lottery could generate $25,000-$40,000 in additional yearly owner income.
For more information regarding this listing please contact us by completing the "Contact the Seller" form below. We look forward to hearing from you.
Property Features and Assets:
Good showroom space with option to expand. 2,000 square feet. Long-term lease in place with options. Great location in a busy shopping plaza with plenty of parking outside.
Market Competition and Expansion:
A new owner can invest in a build-out to expand the showroom space. This would allow for an even wider selection of inventory, especially for more specialty wines and food items. Currently, there is a small amount of food sold in the store, including chips and cookies. Adding food such as cheeses, gourmet spreads and crackers would increase revenue and set the store apart from the competition.
Reason for Selling:
Other business ventures and possibly relocating
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
Contact the Seller:
To contact the seller of this business for sale, please complete and submit the following email form. The seller or broker will be in touch with you typically within 1-3 business days. Fields with an asterisk (*) are required.