MergerPlace

Wine and Food Specialty Store

Massachusetts


  • Asking Price: $495,000
  • Gross Income: $1,477,447
  • Cash Flow: $184,277
  • Real Estate: Not Disclosed
  • Inventory: Not Disclosed
  • FF&E: $90,000
  • Listing ID: #199852
  • Established: 2006
  • Employees: 3 FT/4 PT

Business Description

Perfect opportunity for the wine lover. Convert your passion or hobby into a thriving business. Well established shop offering stellar customer service. Attractive shop in an upscale town located in the Metrowest ares. Loyal and growing customer base. Excellent margins. Has a manager in place. Grosses over $1.4 million with a net of about $185k. Ability to expand into the space next door. Turn key operation.


Business Details

Primary Business Category: Retail Trade - Liquor Stores
Location: Massachusetts

Company Information

Year Established: 2006
Home Based: No
Franchise: No
Relocatable: No
Number of Employees: 3 FT/4 PT

Financial Information

Asking Price: $495,000
Gross Revenue: $1,477,447
Cash Flow: $184,277
FF&E: $90,000
Seller Financing Available: No

Property Information

Facilities:

The space is 2,292 sq. ft in a strip center with ample parking. Very attractive facility. Upscale town. Ability to expand the business into the space next door.

Growth & expansion opportunities:

Expand the space next store; Increase the food dimension; Do more events; Increase advertising.

Competition:

While there are other liquor stores in the area, this business offers a much more customer service approach, which has resulted in the business building up a loyal customer base.

Reason for selling:

Retirement.

Support & Training:

Will train for 3 weeks @ no cost. Full liquor package store license. Also has a common victualler license. Buyer should have some knowledge of wine.

Contact Business Seller

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Business Listed By:

Ira Rashap

Murphy Business Brokers