Boston full off premise Store, PLUS 2nd full license for 2nd store

Asking Price$125,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$18,000
Not included in asking price
FF&E$40,000
Included in asking price
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Boston full off premise Store, PLUS 2nd full license for 2nd store


Asking Price$125,000

Cash Flow
Not Disclosed

EBITDANot Disclosed

Gross Revenue

Inventory$18,000
Not included in asking price
FF&E$40,000
Included in asking price
Business Description
Im looking for a motivated owner operator who wants to build a name for themselves and fill the vacuums in the high end, independent wine and spirits market that has been left in Boston since last year. Someone who is Sales orientated first and has an eye for indy producers and the ability to get the word out to a wide audience across the city using the store as a base for building their own brand and making a name for themselves. That is the ideal person for this store.

If you are more interested in a convenience store with a full liquor license and lots of foot traffic, thats fine as long as you pay the very fare asking price, but you wont have as much success as being a fine wine store that stands out. Customers are tired of the same old boring selection as the next 10 places. This store will work best as a destination for interesting different things, then it will really stand out in Boston.

Plus, with the Second Full License you have so much more room to grow and build upon your success and generate more sales. Or move the license to an existing store (pending City Approval) and have a seconds existing location generating more sales with a full selection beyond just beer and wine.
About the Business
Years in Operation
10
Facilities & Assets
Eight refrigerators with a total of 15 doors. Plus a walk in cooler with four more doors and lots of extra space. Built in shelves in the spirit section and in the walk in cooler. Parking space behind the store. Wine racks for over 400 different items. Counter with a built in tasting section. Neon signs, decorations and stereo. Landlord is offering a new 15 year triple net lease to begin after the sale of the business isa approved.
Website
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Market Outlook / Competition
This store is ideal for someone focused on specialty items with high margin, less known more interesting. Think specialty wine shop for high end customers. If you want to build yourself into a brand with social media and video channels this is a great base for you and you are the kind of buyer I want.

If you are looking for a high volume top 20 items boring store there is already one in the neighborhood. If you want to turn it into a convenience store with a full license that would also work in this area. It's a prime location with lots of foot traffic at a busy intersection near public transportation. A loyal customer base.
Opportunities for Growth
You need to be a Sales Focused Owner to really maximize this store. We do weekly Friday wine tastings and people love it but there needs to be more. Weekly News letters with a wine of the week sales. The tastings need greater presence on social media with a face of the business selling themself and the store. Have a neighborhood physical mailings. More name brand items. Add delivery service, lottery and tobacco and ATM to offer customers more in store options.

With the 2nd City of Boston Full Liquor License that is currently parked, you can open a second location and take greater advantage of bulk item drops split with the new location of your choosing (pending approval from the city.) Expand the brand with a greater geographic footprint.
Real Estate
Owned or Leased
Leased
Building Sq. Ft.
1,200
Rent
$3,000 per month
Lease Expiration
12/31/2042
About the Sale
Seller Motivation
Moving on to other opportunities.
Transition Support
Willing to help through transition on a part time basis.
Financing Options
Inventory can be financed at 0% for 18 months.
Listing Info
ID
2456557
Listing Views
Business Location

Listing ID: 2456557 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.