Seller's Contact Information
- RE: Wine & Liquor Superstore
- Contact: Shawn Reilly
Quick Facts
Asking Price: | $379,000 | |
Annual Revenue: | $1,600,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $200,000 | |
Total Debt: | Not Disclosed | |
FF&E: | 150,000 | |
Real Estate: | $0 | |
Year Established: | 2008 | |
Employees: | Not Disclosed | |
BBN Listing #: | 790533937 | |
Broker Reference #: | LIQUOR ORANGE |
Business Overview:
A sleeping giant that needs to be woken up! In its day it did an incredible $4,000,000, lack of owner’s involvement has hurt gross sales with incredible potential to propel sales. With an involved owner who re-instituted wine tastings, seminars, increased the popular craft beer selection, added delivery, create a website, increase marketing and advertising including social media would wake up the sleeping giant and make it the superstore it should be. A super package store of this magnitude in this type of location with this kind of upside potential, that couldn’t be built for what they are asking, and a unheard of under market rent for less than $12 a square foot is in itself a giant opportunity not to be missed call now
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Property Features and Assets:
10,000 tremendous square feet, unbeatable $9,100 gross rent (includes property tax & insurance all CAM) with no increase for 10 years), exceptional busy center with well-known national tenants on the Post Road, excess of 40,000 cars per day, Lotto, immense upside potential, huge line of beer coolers, numerous check out stations, abundant free parking, wine # 1 seller, open 7 money making days, established 10 years
Market Competition and Expansion:
Competition: Excellent Post Road location with excess of 40,000 cars per day Growth & Expansion: Re-instituting wine tastings, seminars, increase craft beer, delivery, create website, increase marketing and advertising including social media
Reason for Selling:
Other business interest and Family.
Additional Details:
- The property is owned.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
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