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Growing Beverage Distributor In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$299,000 (USD)
Sales Revenue:
$800,000 (USD)
Cash Flow:
$125,000 (USD)

Growing Beer Distributor with Class C License. *Price Reduced* This is one of the few industries that was been deemed essential and showed growth during the pandemic shutdown. NY State is NOT issuing any new Class C licenses, so there is a good barrier to entry for new competitors. The current owner renovated and upgraded this business. This spacious 2,500 sf space offers everything from craft, domestic and imported beer to kegs, growlers, ice and so much more. They are located in a large shopping center on a major roadway with over 200 parking spaces and a favorable lease. There are 9 years left on the current lease with an extension possible for a qualified buyer with good credit. The current rent is $4,300/mth (incl taxes and CAM). Hours can be extended. The business currently operates Sun. 9am-5pm, Closed Monday, Tu-Th 10am-7pm, Fr & Sat. 9am-8pm. 2021 projected gross sales are $700,000.00 with a discretionary cash flow of approx. $100,000.00. The owner is only there 4 days/week. The business has a F/T employee as well. We are seeking a serious and financially qualified buyer with at least $374K in liquid funds to cover the asking price and an additional $75K in inventory. Proof of funds will be requested before any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only! To learn more, please call, text or email Mel Vaz today.

If interested, please contact the seller through the form on this page.

For more information on this listing- copy and paste this link into your browser https://www.vestedbb.com/lid-33440 for instant access to this business information.

Business Operation

Reasons for selling:

Divesting

Employees:
1FT
Years established:
2005

Other Information

Support & training:

Seller will train

Owner financing:
Owner financing is available. Please contact the seller for more information.
Financing available:

299,000.00 Down & Possible for a well qualified buyer with good credit and a personal guarantee.

Furniture / Fixtures value:
$50,000 (USD)
Inventory / Stock value:
$75,000 (USD)

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