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Businesses For Sale > Business For Sale in Vermont, Vermont (VT)
Business with Multiple Revenue Streams: Grocery store, Liquor store, and Apartments for sale in Vermont, VT
Vermont, Vermont (VT)
| Asking Price: |
Gross: |
Cash Flow: |
| $ 1,800,000 |
$ 2,589,170 |
$ 400,000 |
Furniture and Fixtures Value:
$ 100,000 (included in the asking price)
Inventory Value:
$ 120,000 (not included in the asking price)
Real Estate:
$ 875,000 (included in the asking price)
Business Summary:
Two adjacent, complimentary businesses: 1. An independent 3900 sf grocery store. The store and equipment are in good condition. There is a UPC scan system with 2 checkouts. The store has a popular meat department and carries fresh fish. The store is operated by one working full time owner, along with a competent, experienced staff. The store is housed in a very well kept historic building. 2. Adjacent to the market is a separate 3600 sf Country Store that operates primarily as a Vermont Liquor Agency store, selling liquor along with a large variety of beers and wines. The store also offers a unique selection of Vermont made products, specialty items, and games. The store caters both to locals wanting beverages and tourists who additionally desire the Vermont products and specialty items. The store was opened in 2006 and has grown revenue each year. The building has been renovated inside and out and includes a beautiful country porch. There are residential apartments in both buildings. The two businesses along with the real estate are being offered together.
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| Year
Business was Established: 1973 |
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| Number of Employees:
10 FT/ 8 PT |
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| Facilities / Terms of Lease:
Facilities consist of a 3900 sf grocery store with ample coolers, freezers, and other store equipment. A 3600 sf country store and Vermont Agency Liquor Store with ample coolers, shelving and other store equipment. 8 recently renovated apartments and ample storage space. |
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| Competition:
This is the only full service grocery store in town. There are two gas/convenience stores in town, but are not seen as real competition. The neighboring town, about 3 miles away, also has a similar small grocery store. The store has a strong local following and benefits from the nearby ski resort for which this is the closest grocery store. Business has grown each year and is showing a strong 2009. There is no nearby competition for the liquor store, which becomes a huge draw for the grocery store. |
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| Owner
willing to finance:
Seller will consider some secondary financing to a qualified Buyer |
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| Owner
willing to train:
Owner will offer 40 hours of transitional services |
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| Reason for selling:
Other business interests |
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Seller Reference Number: bm921264986
BusinessMart.com Listing Number: 68268 |
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To request more information
on this business
please fill out the form shown right 
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For
more info contact:
CenterPoint Business Advisors
CenterPoint Business Advisors, Inc.
888-988-0999
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