Asking Price:

$240,000

Gross Income:

$558,000

Cash Flow:

$161,996

EBITDA:

$85,541

FF&E:

$80,000.00 *

Inventory:

$70,000.00 **

Real Estate:

N/A

Year Established:

N/A

Employees:

N/A

Business Types:

Liquor Stores
Miscellaneous Retail

** not included in the asking price

* included in the asking price

Business Description

New 3,000 SF wine store in modern, high-profile building on busy shopping route across from TARGET complex and next to popular restaurant. Northern Fairfield County. Next to I-95 highway exit/entrance. Inviting, tasteful decor exhibits large variety of wines, high-end liquors and specialty beers. Eight years old and continuing to grow. Popular restaurant next door. Wine club provides bonus sales volume each month. Regular wine tastings. Location, store size and parking can support continued growth to $1MM and above. Pleasant clientele - women particularly like the atmosphere.. Ideal for owner-manager who enjoys fine things and other people who do the same. Call John Payne 860 868 3431.

Detailed Information

Facilities:

3,000 sf modern, clean, bright, ample parking on busy shopping & commuter route. long-term lease.

Competition:

Prime location (across from target). easy in/out and parking

Growth/Expansion:

Growth to 2x on basis of store space and location

Support/Training:

All training, transition as necessary

Reason Selling:

Retirement