Asking Price: $329,000 Gross Revenue: $1,000,000Cash Flow: $130,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: Not Disclosed FF&E: $100,000 included in asking priceReal Estate: Not Disclosed Share this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This liquor store is been in the same location for over 40 years and the seller has owned the business since 2007. The store is operated by 3 people- the 2 owners and one full time employee.
There is a new 10 year lease in place with a very reasonable rent of only $2,200 for 2,200 Square feet with a full basement.
The breakdown of the store is as follows 50% beer , 25% wine and 25% liquor and liquor the gross profit is around 25% plus according to the seller, and the store has huge potential for future growth and the gross profit could be easily increased due to its clientele if the inventory is purchased at the right time.
The store is only open 6 days a week and its closed on Monday, creating the potential to increase sales by approximately $1,500 per week ($78,000 a year).
The store is been upgraded with all new energy efficient fixtures, and a brand new heating system. For more information please refer to listing #12683.
Well-Established Fairfield County Liquor Store for Sale
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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
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