Beer Distributor For Sale-26483

Not Disclosed, NY
Nassau County


Asking Price: Annual Revenue:
$1,649,000 $7,450,000

Food & Beverage: Liquor Stores


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RE: Beer Distributor For Sale-26483 Broker: Syed Ahmed

Quick Facts

Asking Price: $1,649,000
Annual Revenue: $7,450,000
Net Profit: Not Disclosed
Cash Flow: $276,500
Total Debt: Not Disclosed
FF&E: $80,000
Real Estate: Not Disclosed
Year Established: 1972
Employees: 11
BBN Listing #: 90224447
Broker Reference #: 26483

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Business Overview:

This 45-year-old wholesale beer distributor, with a liquor business, is located on an extremely busy road on Long Island. Its beer yearly gross sale is 6 million. Its liquor store gross sale is 1.8 million a year. Seller is over eighty years old. He wants to retire. He owns the property. He is willing to hold a mortgage against the property. The size of the property is 160 X 250. Seller wants 1.649 million for the beer and the liquor business, with $900,000 as a down payment. Seller wants 5.149 million for the whole business, with 2 million as a downpayment to hold a mortgage. Real estate tax is only $31,000 a year. Please contact broker or email us for further information.

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Reason for Selling:

Retirement.

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.

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