REDUCED - Beer Distributor "D" License in Berks County, PA

Reading, PA (Berks County)

Seller Financing Available
Beer Distributor in Reading, PA
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Asking Price: $150,000

Cash Flow: $60,000

Gross Revenue: $485,000

EBITDA: $60,000

FF&E: $10,000

Inventory: $25,000

Rent: $1,400 /Month

Established: 1973

REDUCED - Beer Distributor "D" License in Berks County, PA

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Business Description

Long term (45 years) established profitable desirable Beer Distributorship in Shillington (Reading), PA for sale. The business continues to demonstrate reliable and predictable year to year results in revenues and profits. This is a turnkey sale of the business assets which includes the valuable and rare Berks County "D" Beer Distributorship License, 45 years of goodwill, POS, ice box, and all furniture, fixtures and improvements. The inventory is valued at approximately $25K and is included in the selling price.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,100
Lease Expiration:
12/31/2018
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The space is 1,100 square feet located in a small strip shopping center which provides ample parking. The Lease term is currently on a month to month basis, but the landlord would be willing to enter a long-term Lease with options. The business currently pays $1,400 per month gross rent or $16,800 per year which equals $15.27 per square foot with no extra CAM charges. The store has a walk-in freezer, shelving, ample signage, ice box, storage in the rear and an separate office with computers, fax machine, shelving and desk.
Growth & Expansion:
The business Owner spends little to no money on advertising. There has been little to no effort using current marketing tools available such as Twitter and other social media platforms. The business also does not have a domain name or web site which is a critical marketing tool in growing any business in today’s modern world. The opportunities for growth are limitless in the technology and social media arena. The development of a web site and mailing list, as well as a more aggressive marketing plan could instantly add value and increase revenues. Sales could be expanded into wholesale trade if desired by an aggressive new Owner. The addition of a Pa State lottery and additional food and snacks could increase revenues as well.
Financing:
Negotiable
Support & Training:
The current owner is willing to stay on as needed to mentor and teach the new owner all the nuances of this business. This would include complete introductions to existing customers and vendors and the day to day running of the business. This will assure a smooth transition.
Reason for Selling:
Retirement
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Stan Rubinstein, Esq.

Business Listed By:
Stan Rubinstein, Esq.

Philly Business Advisor

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