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Business For Sale

Destination Liquor Store

Newport, RI

Food & Beverage: Liquor Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$800,000
$825,000
Not Disclosed
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1976
5
104528585

Business Overview:

The location is superb and real estate available with additional real estate possible. This is a premier vacation location and this store serves an upscale community and tourists. The location will speak for itself.

For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.

Property Features and Assets:

Near yacht Clubs and prime destination areas shops and walk around traffic. Off street parking. Which is hard to come by in this busy area.

Market Competition and Expansion:

This store is larger than its nearest competitor. It needs a vital new owner who wants a superb and fun location. Going the fine wine route here would be perfect. The demographics are off the chart. The store needs some TLC but if you own the real estate its worth the renovation for the increase in traffic it will bring. I can't say enough about the location possibilities. Licenses in this area are rare to come by.

Reason for Selling:

Retirement

Additional Details:

  • The property is owned.
  • The owner is willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

Resources: