Business Summary:
Description: The business was founded in 1995 by the current owners who wish to retire. The building is a heated/insulated steel building sitting on approximately ˝ acre of land and located on a main thoroughfare just north of the town of Girardville. The Distributor License allows the business to sell on Sundays. The business has a large commercial soft drink account.
The value of the business is calculated as follows:
Real Estate/Building: $ 100,000
License $ 30,000
Furniture/Fixtures/Equipment $ 15,000
Enterprise Value* $ 105,000
Total $ 250,000 plus inventory
The 2007 Tom West Business Reference/Pricing Guide says that beer distributorships are priced at between $5 and $15 per case sold the previous year plus (Assets) License, Real Estate, FF&E and inventory. The Enterprise Value was calculated at $5 per beer case and $3 per soft drink case. Note: The Seller is willing to finance up to $40,000 of the purchase price for a well qualified buyer with good/excellent credit. Inventory runs between $10,000 and $15,000.
The business has been pre-qualified for an $180,000 SBA loan subject to a buyer having “good” credit. The asking price is $225,000.
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