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LISTING ID # 34339
Absentee wine and liquor superstore (7800 sq. ft.) for sale in large, upscale CT shopping center. Wine, liquor and beer are sold here. Huge craft beer and wine selection. Keg Sales. Many refrigerated cases in this superstore. Full-time owner/operator can grow this new business and do their own internet sales and fulfillment. Main road location with excellent anchor stores. Gross sales have grown from $ 2,087, 218 in 2019 to $ 3,181,454 in 2020. 6-month 2021 year to date sale of $ $2,025,585 of gross sales with recast 6-month owner net income of $ 348k. Annualized 2021 gross is $ 4m with recast 2021 annual owner net cash flow of $ $696,000. This explosive growth is due to booming online sales that will stay with the new buyer. This is without considering the extremely profitable to come 2021 holiday sales season. Asking price and profile numbers are based on projected 2021 numbers. All numbers assume an ACTIVE OWNER OPERATOR. No more liquor licenses available in this upscale town. Owner/operator will recapture all of manager's salary and expenses of running the corporate store absentee. Half of business is high-end wine sales. Opportunity to increase sales by offering lotto, cigarettes and wine accessories. This is an opportunity valued and priced for a full-time owner operator. Proof of funds of at least $1m is required for more information and a meeting with the owner. Contact broker Joseph Stansky for more details.
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Seller will train
1,400,000.00 Down & $600k 3 yrs @5%
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