Business Summary:
Located west of Worcester, this store benefits from very little nearby competition and a steady stream of repeat customers. The current owner has grown the business year over year to a current sales volume of $600,000, which includes $13,000 in net lottery income. This is a fantastic business for an owner operator who is looking for a turnkey business in a recession-proof industry.
The business sells liquor, beer, wine, cigarettes, lottery and a small amount of convenience items. Because there is very little competition nearby, the owner tries to provide a good selection of items so that he can cater to his customers’ needs. He has also expanded the wine selection to include unique wines that are also very affordable.
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
The showroom is approximately 1,000 square feet with a walk-in beer cooler, multiple wine racks and plenty of shelving for liquor. There is also approximately 600 square feet of storage space.
The business is located in a shopping plaza on a main road with plenty of parking outside. There is also a favorable long-term lease in place with low rent. |
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| Potential
Growth/Expansion:
The business can be grown with additional investment in high-quality but well-priced wines and food items. Some of the liquor inventory could be downsized and gourmet or unique food products could be added. Holding more frequent wine tastings could draw additional clients interested in these items. |
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| Competition:
Very little nearby competition. |
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| Owner
willing to finance:
This business should qualify for an SBA loan with 30% down from a buyer. The seller is also open to providing some financing to a qualified buyer. |
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| Owner
willing to train:
The seller will provide training and support. |
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| Reason for selling:
Other interests. |
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Seller Reference Number: 1222
BusinessMart.com Listing Number: 68273 |
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