Business Summary:
A liquor store specializing in fine and unique wines is available for sale! The store is located in an affluent town in Middlesex county, with plenty of parking in front. In 2007, the median household income in this town was $120,000 and this store has built up a strong clientele of mostly women and wine drinkers. Other clientele include professionals, including well-known professors and executives. This is a fantastic opportunity to own an established and profitable business in a recession-proof industry! The business has the rights to a lottery license but the owner does not currently have lottery in the store. There is a high demand for it based on the inquiries they receive from customers. Adding lottery could generate $25,000-40,000 in additional yearly owner income.
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| Facilities / Terms of Lease:
Good showroom space with option to expand. 2000 square feet. Long-term lease in place with options. Great location in a busy shopping plaza with plenty of parking outside. |
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| Potential
Growth/Expansion:
A new owner can invest in a build-out to expand the showroom space. This would allow for an even wider selection of inventory, especially for more specialty wines and food items. Currently, there is a small amount of food sold in the store, including chips and cookies. Adding food such as cheeses, gourmet spreads and crackers would increase revenue and set the store apart from the competition. |
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| Owner
willing to finance:
Seller will provide some financing to a qualified buyer |
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| Owner
willing to train:
Yes |
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| Reason for selling:
Other business ventures and possibly relocating |
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Seller Reference Number: 1196
BusinessMart.com Listing Number: 66544 |
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