**PRICE REDUCTION** Upscale Liquor Store with Unique Products

Suffolk County, MA

**PRICE REDUCTION** Upscale Liquor Store with Unique Products
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Asking Price: $699,000

Cash Flow: $170,000

Gross Revenue: $1,385,000

EBITDA: N/A

FF&E: N/A

Inventory: $100,000*

Established: 1950

*not included in asking price.

**PRICE REDUCTION** Upscale Liquor Store with Unique Products

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Business Description

**PRICE REDUCTION**A very well-known and upscale Boston liquor store is available for sale! This business is synonymous with the finest hand-selected wines, spirits and craft beer complimented by excellent customer service. In business since 1950, this store is extremely well known and beloved in it’s tight-knit Boston neighborhood, and attracts both locals and the many tourists who frequent the area. The business has been highly profitable, with sales of almost $1,400,000 yearly and Seller’s income for an owner/operator of $170,000!

The business has an upscale look and feel and an extremely high volume of vehicle and foot traffic. They sell primarily wine, with very high margins, and carry unique products. There are no capital expenditures anticipated, and all equipment is in excellent condition.

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Detailed Information

Location:
Suffolk County, MA
Inventory:
Not included in asking price
Employees:
1 FT/3 PT
Facilities:
Fantastic location with lots of car and foot traffic drawing from multiple Boston suburbs.
Growth & Expansion:
There are many unique ways that a buyer could expand the business. The physical footprint could potentially be expanded in the future to add gourmet food and convenience items. A lottery license could also be obtained. Utilizing third party delivery services such as Drizzly or Instacart would drive delivery sales without having to employ a dedicated delivery driver.
Financing:
A qualified buyer should be able to get an SBA 7A loan with 10% down.
Support & Training:
Support and training will be available by the sellers.
Reason for Selling:
Life Style Change
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(from currently available funds)
 
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Sarah Grossman

Business Listed By:
Sarah Grossman

BayState Business Brokers

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Sponsoring Broker:
Marc Gudema, CBI

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