Urban Liquor Store with Over $1.1M in Sales

Suffolk County, MA

Urban Liquor Store with Over $1.1M in Sales
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Asking Price: Get Financing: $525,000

Cash Flow: $98,000

Gross Revenue: $1,100,000

EBITDA: N/A

FF&E: N/A

Inventory: $200,000*

Lease Rate: $6,800 /Month

Established: 1978

*not included in asking price.

Urban Liquor Store with Over $1.1M in Sales

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Business Description

A large, full service liquor store located in the middle of a busy intersection in a popular Boston suburb is available for sale! In business since 1978, this store is a popular fixture in the area for residents, those working in the area and those passing through to purchase their wide array of products. Sales have stayed strong with over $1.1M in sales! The owners are selling because they are primarily absentee and a family member who is running the business would like to retire.

The store sells liquor, wine, beer, cigarettes, lottery and select snack items and carry a wide selection of products, including many craft beers which are growing in popularity. Adding more gourmet food and offering delivery service would be a nice compliment for this already popular business.

Attached Documents


Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
3,000
Lease Expiration:
N/A
Employees:
3
Facilities:
The business has been extremely successful in part due to its location. It is in the middle of a very busy intersection. The store has a large, open layout and an attractive and clean space. The business occupies 3,000 square feet which includes an organized wine cellar and large separate space for beer and liquor storage.
Growth & Expansion:
This business could benefit from a full-time owner operator who can grow sales through more product offerings, increased marketing and events such as wine and beer tastings. Knowing the locals and establishing a relationship with customers could further boost sales.
Financing:
This business should qualify for an SBA loan with a 10-20% down payment.
Support & Training:
Training will be provided by the sellers
Reason for Selling:
Retirement
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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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