Sorry, this listing is no longer available – However, please see similar business for sale listings below that may interest you:

BusinessBroker.net is one of the largest business for sale marketplaces in the world that connects tens-of-thousands of business buyers and sellers every month. Sell a Business Online or if you’re a broker or a commercial agent sign up for a Business Broker Membership today!

Business For Sale

Shoreline Liquor Store- Retiring Owner

New London County, CT

Food & Beverage: Liquor Stores

 
Asking Price:
Annual Revenue:
Net Profit:
Cash Flow:
Total Debt:
$175,000
$53,500
Not Disclosed
Not Disclosed
$77,868
FF&E:
Real Estate:
Year Established:
Employees:
Listing Number:
Not Disclosed
Not Disclosed
1981+
0
4497913
Owner Financing is Available!
Business: $75,000 at 6% for 3 to 5 years, inventory: ½ at approximately $12,500.

Business Overview:

A store with a strong history, excellent high traffic location, but in need of new perspective, that of a new operator. Inside appearance could use some modernization, along with the need to increase overall inventory for resale, add the availability of cigarettes for sale and expand hours to close at 9 pm. In the brokers opinion these thoughts/suggestions should have a fairly significant positive impact on annual sales. Very good opportunity for the right buyer. The business accepts most major credit cards. Inventory of about $25-30,000. Cash required: $100,000. Plus ½ of inventory value. Lottery: $13,000. Proforma financial s.

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:

New 5 year base, with 5 year option. $1,500 per month, subject to annual increase of 3% or consumer price index, whichever is greater.

Market Competition and Expansion:

There is competition in the area, but this store is located as advantageously as any.

Reason for Selling:

Retirement for absentee owner.

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.