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Listing ID: 3175429

One Of A Kind Opportunity - Own A Liquor Store Fairfield County, Ct For Sale

Bethel, Danbury, Fairfield, Connecticut, United States

$ 75,000

(Furniture / Fixtures included)

Revenue: $ 525,000

Cash Flow: $ 50,000

Business Description

Fairfield County, CT
Asking Price: $75,000
Cash Flow: $50,000
Gross Revenue : $525,000
FF&E: $50,000
Inventory: $100,000

DESCRIPTION
UNIQUE OFFER BY RETIRING OWNERS TO HELP A SMART ENERGETIC NEW LIQUOR STORE OWNER LEARN TO RUN A LIQUOR STORE THAT IS READY TO BE TAKEN TO A HIGHER LEVEL. 1. Below Market Price, 2. Exceptional displays, 3. Custom financing, 4. Training beyond what is normally offered.
Current owners are retiring and are offering to provide financing, training and support above and beyond the norm (if desired by buyers).
ASKING PRICE FOR STORE BELOW MARKET - $75,000 plus inventory
STORE GENERATES CASH FLOW OF $50,000 while open a reduced schedule of hours per week vs. the legal maximum number of hours allowed to be open per week. Possible additional cash flow of $25,000 more with slight increase to current hours.

Price includes all high-end displays, custom wooden bottle racks, recently replaced wall to wall carpet, equipment, and state of the art P.O.S. system. No need to purchase anything else. This is a beautiful store with pride of ownership evident.
Neighboring Anchor Restaurant recently sold – we expect a boost in traffic with the new and exciting business venture opening in that location very soon!

OWNERS WILL CONSIDER FINANCING A SUBSTANTIAL AMOUNT OF INVENTORY TO CREDIT WORTHY BUYER
1. Current owners will lend a buyer with solid credit references most of the cost of the inventory at very favorable interest rates over 5 years -
2. OR will consider reduced payments for inventory for 5 years with a balloon payment due at the end of the term.

OWNERS WILL PROVIDE TRAINING AND SUPPORT WELL BEYOND THE NORMAL 2 WEEKS TO 1 MONTH PERIOD OFFERED BY MOST OTHER LIQUOR STORE SALES
Current owners will make themselves available to assist in any way possible to make sure new owner is successful. Training will be geared to buyer’s needs whether experienced or not.

LANDLORD will provide favorable lease terms and extensions.

Property Details

Size:

3,000 square foot retail operation with 125 parking spots. 19,300 daily car count. Avg Household income within 1 mile radius is $125,000.

Years Established:

Original opening 2004. Current owners since 2013.

Property Type:

Lease

FF&E:

$ 50,000

Inventory Value:

$ 100,000

Other Details

Business Location:

3,000 Sq Ft Store in a Small Shopping Center with 125 parking spots. On Main road.

Premise Details:

This is a high end Liquor Store with well above average appearance., Custom wood displays, newer carpeting, wide aisles, handicap accessible.

Operation Details

Employees:

Varies by season. Can be run by owners with no employees.

Trading Hours:

.Currently open 61.5 hours per week. State law allows 92 hours per week to be open.

Support & Training:

Sellers are willing to go the "extra-mile" with training as needed. More than the standard 2 weeks normally offered.

Miscellaneous

Financing Available:

Yes
OWNERS WILL CONSIDER FINANCING A SUBSTANTIAL AMOUNT OF INVENTORY TO CREDIT WORTHY BUYER 1. Current owners will lend a buyer with solid credit references most of the cost of the inventory at very favorable interest rates over 5 years - 2. OR will consider reduced payments for inventory for 5 years with a balloon payment due at the end of the term.

Reason For Selling:

Retirement and health.

Contact this seller

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