Liquor Store With $1m Sales
Location Massachusetts,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1000000
Net Profit / Cash Flow $130000
Cash Flow Type Sellers Discretionary Cash
Seller Finance Yes
Year Established 1930
Number of Employees 4 - 5
Inventory 125000
Relocatable Not Disclosed
Number of Employees 4 - 5
Real Estate Leased
Training The seller will assist the buyer with training and support. The seller also has long-term and stable staff on site that would most likely transition with a new owner if requested.
Reason for Sale Personal.
Description A high-volume liquor and grocery store for sale on a major road in the greater Boston area is available for sale. In business for over 60 years, this store is very well-known in the area and the owner recently relocated the store to a better location with a parking lot. Customers appreciate the easy in and out feature of this store where they can purchase groceries, liquor/beer/wine, lottery and cigarettes all in one place. Monthly sales are averaging $80,000 in the new location and the store is on track to gross $1 million in sales this year. The estimated cash flow for the absentee owner is approximately $75,000, and he has long-term and stable staff that would most likely transition with a new owner if requested. A working owner would generate approximately $130,000 in yearly cash flow.
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