Hot Listing

Network of Liquor Stores in Fairfield County, CT- Revenue $11m

Asking Price$5,200,000

Cash Flow
$1,050,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$11,500,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
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Hot Listing

Network of Liquor Stores in Fairfield County, CT- Revenue $11m


Asking Price$5,200,000

Cash Flow
$1,050,000
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$11,500,000

InventoryNot Disclosed

FF&E$1,500,000
Included in asking price
Business Description
Well known highly profitable Network of 3 liquor stores with sales of over $11 Million are for sale in Fairfield County, Connecticut. This Network operates primarily absentee as the owner is looking to retire and works approximately 20 hours per week. They have a well-seasoned experienced staff and are loved within their community. Rare opportunity to find high volume liquor stores that have SO much potential. Minimal advertising is currently being done, they have NO online sales-NO Websites-NO Deliveries and the owner is STILL earning over $1m operating Semi-Absentee. A more involved owner could propel the sales revenue, reduce labor costs, creating tremendous results. Currently the business is earning over a million dollars per year and a new experienced operator would be able to reduce labor costs and credit card expenses by over $200k per year. Long-term leases are in place, all with easily accessible parking and each site has strong demographics and vehicle traffic. The network is priced at a little over $5m + Inventory. Only strong qualified candidates should inquire about listing number 15295.
About the Business
Years in Operation
30
Employees
20
Real Estate
Owned or Leased
Leased
Listing Info
ID
2352425
Listing Views
3895

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Business Listed by: Ken Stein/Kensington Company The Kensington Company

Listing ID: 2352425 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.