Upscale Wine Shop in Affluent South Shore Location

New England

Upscale Wine and Craft Beer Shop

Asking Price:$165,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:N/A

Inventory:$45,000*

Rate/Sq. Ft.:N/A

Established:2009

*not included in asking price.

Upscale Wine Shop in Affluent South Shore Location

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Business Description

Room to grow! Plenty of room for cheese shop or small gourmet market.

Located in a beautifully designed (fully rented) complex located on Rt 3A just over the Hingham / Cohasset border.
This complex is next to the Cohasset commuter rail and over 22,000 cars travel daily, past our doors. We have easy access for commuters to pull in to a large parking area to pick up wine, beer and gourmet items on their way home. New huge, lighted, retail sign just completed and stands 25 ft tall. (We had been doing business for almost 5 years without prominent signage) Plenty of space to expand business with extensive craft beer, gourmet foods and cheeses to bring increased sales to already established Wine Shop.
New lease for buyer aprox $2000.00 per month plus 800.00 triple net

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
1,300
Lease Expiration:
N/A
Employees:
5 Pt
Facilities:
1300 sq ft Beautifully designed Wine, Beer, Cheese and Gourmet Shop full of antiques. Like walking into a Napa Valley Style Tasting Bar. Old Colony Square complex is now fully leased with solid tenants, upscale sports club, retail stores, luxury apartments, restaurant, Juice Bar, and other fine retailers. This new complex required all to build out all retail spaces, newest build out costs were $225,000.00 for the same space. This a turnkey operation. Willing to negotiate costs of fixtures, coolers, racks and antiques. Must see to appreciate!
Competition:
We are the first shop coming from Hingham into Cohasset and we are not a package store.
Growth & Expansion:
Up $27,000 over last year this time some due to new Huge Retail Signage, other is South Shore exploding with new families moving into Cohasset and Hingham. Growth potential is tremendous. Plenty of room to add cheese, coffee or specialty shop, as well as more Craft Beer.
Financing:
New lease to negotiate
Support & Training:
Very happy to work with the new owners over a reasonable handover period.
Reason for Selling:
Health
Business Website:
http://localvinesandgourmet.com

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Business Listed By:
Deborah Hardey

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