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Listing Number: 2821

Wine/Liquor Store Business for Broker in Providence County, Rhode Island

Business: Wine/Liquor Store Business for Broker
County, State: Providence County, Rhode Island
Business Type: Liquor Store/ Wine, Other Food Stores, Wine/Liquor Store

Summary Description

This liquor store is in a great location, currently sales are averaging between $12,000 & $14,000 a week. Sales generate 30% profit margins, you do the math. The stores neighborhood is always busy with lots of pedestrian traffic. This particular liquor store has been in the same location for fifty years. "Well known". The store features 1800 sq.ft. of floor space when currently only one half 900 sq.ft is actually being utilized for retail sales. Profit margins are super, and the opportunities are truly unlimitted. The entire exterior has just been renovated giving the store a true professional appeal. Turn key operation. Definately capable of providing a comfortable living for new owner.

About the Sale

Asking price: $350,000 (USD)

Financing: N/A

Total Revenues: $614,777 (USD)

Cash Flow: $94,340 (USD)

Reason Selling: Other Business Interests.

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Disclaimer: The information in these listings have been provided by the Seller and Vested Business Brokers, Ltd. has not independently verified this information and has no responsibility for its accuracy or completeness. Vested recommends that you consult with an accountant, attorney and other professionals to represent and assist you in any transaction. Vested's associate brokers will arrange a meeting between you, your representatives and the Seller, but is not authorized to make any representations or warranties. You agree to hold Vested and its associated brokers harmless of any misrepresentations made by seller.