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High Volume Beer Distributor In Suffolk County For Sale

Suffolk County, New York, US
Asking Price:
$545,000 (USD)
Sales Revenue:
$1,500,000 (USD)
Cash Flow:
$215,000 (USD)

High Volume Beer Distributor with Class C License. Pandemic Proof! Recession Proof! NY State is Not issuing any new Class C licenses. This is a solid barrier to entry for new competitors. There are only a handful of these businesses for sale in NY State! The current owner is finally ready to retire. This spacious 7,500 Sf space offers everything from craft, domestic and imported beer to kegs, growlers, ice and so much more. They are located just off a major roadway with ample parking and a favorable lease. There are 6 years left on the current lease with an extension possible for a qualified buyer with good credit. The current rent is $9,500/mth (incl taxes and CAM). The business currently operates Mon. – Thurs. 10am-8pm. Fri & Sat. 10am-9pm, Sun 9am-7pm. 2022 projected gross sales are $1,500,000.00 with a discretionary cash flow of approx. $215,000.00 (reflecting an owner-operator). The current owner keeps good records of sales and expenses. The business has 2 full-time and 2 part-time employees. An owner-operator, partners or a family would be ideal purchasers. We are seeking a serious and financially qualified buyer with at least $445K in liquid funds to cover the down payment and an additional $100K in inventory. Proof of funds will be requested before the exact address is released or 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.

Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us or call us to discover the difference that is Vested Business Brokers.

Business Operation

Reasons for selling:

Retirement

Employees:
2FT/2PT
Years established:
2007

Other Information

Support & training:

Seller will train

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

345,000.00 Down & $200K over 3 yrs. @ 6% with a PG and collateral.

Inventory / Stock value:
$100,000 (USD)
Relocatable:
This business can be relocated.

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