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Businesses For Sale   >>   Delicatessen Businesses For Sale   

Wine, Liquor, Food Store

Location  California,United States
Asking Price Range  $1.0M - $2.5M
Gross Revenues  $400000
Net Profit / Cash Flow  $400000
Cash Flow Type  EBITDA
Seller Finance  Not Disclosed
Year Established  1910
Number of Employees  1 - 3
Relocatable  Not Disclosed
Number of Employees  1 - 3
Real Estate  Leased
Training  Yes.
Reason for Sale  Retire.

Description  
This wine and liquor retailer is located in one of San Francisco's most affluent neighborhoods. The business has been established for over 100 years and had only 3 owners! The location is absolutely outstanding. The current owner has been running the business since 1971 and works only 12 hours/week. . The business has a history of very strong earnings with 2010 gross sales up 5% year over year. Average owner discretionary income exceeds 400k/yr for the last 4 years. This business has excellent name recognition and a history of substantial and stable profitability. The owner has recently renovated the entire property. The improvements include high efficiency lighting, new motors in the coolers, electrical is entirely code compliant, custom wine and spirits display shelving and cabinets, start of the art security camera system, integrated Metro shelving, and much more. The owner does not do any marketing or advertising. The business can be improved through the addition of a delicatessen, delivery services, expanded web presence with international shipping, active marketing to commercial accounts that surround the location, and much more. A measure of seller financing is available for a buyer with excellent credit and security. The seller will also consider trading the business for real estate and some cash. The seller is ready to retire!


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