Small Liquor Store in Hartford, CT Priced to Sell

Hartford, CT
Hartford County

Asking Price: Annual Revenue:
$65,000 $155,000

Food & Beverage: Liquor Stores

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RE: Small Liquor Store in Hartford, CT Priced to Sell Broker: Ron Salupo/Corporate Finance Advisors

Quick Facts

Asking Price: $65,000
Annual Revenue: $155,000
Net Profit: Not Disclosed
Cash Flow: $28,000
Total Debt: Not Disclosed
FF&E: $40,000
Real Estate: Not Disclosed
Year Established: 1993
Employees: 2
BBN Listing #: 918751585
Broker Reference #: PS600

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Business Overview:

Immaculate little upscale store that can be acquired as owner/operator or additional location for an existing business. Store is ‘”full operating package store” that sells liquors, spirits, beers, cigarettes and lotto. Same location for over 23 years, always family-owned and operated. High traffic area in blue-collar neighborhood with very loyal customers and extra business from an adjacent restaurant and VFW lodge. Present single-parent owner acquired the business in 2008, made substantial improvements to the facility, and is very motivated to sell in order to spend more time at home with family while growing a lucrative home-based marketing business.

Services and Offerings: Wide variety of liquors and domestic/imported spirits and beers at competitive prices, weekly specials, discounts on volume purchases, and special orders for customers; special function planning, occasion and party planning; known for friendly/quality service with a smile to very loyal customer base; consistent lotto sales.

Owner will provide up to 30-day training at no cost.

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Property Features and Assets:

Facilities: 1,200 square feet in a self-contained building plus basement storage and ample adjacent parking. Very reasonable rent at $1,200/month under 5-year lease expiring Feb. 2019 that can be re-negotiated with the friendly landlord. High-end security camera system inside/outside.

Reason for Selling:

Spend more time with family and other interests.

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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