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Business For Sale

Liquor Store - Busy, Great Downtown Location

Newport, RI

Food & Beverage: Liquor Stores

Business For Sale
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$530,000
$800,000
$220,000
Not Disclosed
Not Disclosed
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1986
1
56733603

Business Overview:

Very busy liquor store for sale located in the heart of Newport, Rhode Island, very close to the ocean, - the location is fantastic -- location , location, location! Very popular place, have a great business, have to move out of the state to be with my family. Please call me if you are serious, my cell is 401-536-3774 or complete the contact form and I will get in touch with you. Thanks. Financials available after buyer supplies financial capability.

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:

Wellington Square Liquors 580 Thames St, #8 Newport, RI, 02840 -Office and bathroom, plus equal square foot basement downstairs for storage -Energy Saving cooler & light fixtures throughout the store -8-channel camera surveillance with 1TB data storage and remote viewing/management. Easily stores 1 month of video. Motion activated! -PoS Inventory system for easy tracking of inventory & sales. Pre-loaded with up-to-date numbers

Market Competition and Expansion:

-2013 America's Cup sailboat racing series pre-trials coming to Newport! -St. Patrick's Day parade literally at the front door! -Uniquely positioned on the Thames Street strip in the heart of Newport!

Reason for Selling:

have to move out of the state to be with family

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.

Resources: