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NY Retail Beer Business C License For Sale

Location  New York,United States
Asking Price Range  < $250K
Gross Revenues  $365000
Net Profit / Cash Flow  $60000
Cash Flow Type  EBITDA
Seller Finance  Yes
Year Established  1987
Number of Employees  1 - 3
Inventory  $550,000 equipment only.
Relocatable  No
Number of Employees  1 - 3
Real Estate  Leased
Training  The seller will remain after closing and supply a long term transitional period.
Reason for Sale  The present owner resides out of state with an alternative business.
Description  Retail Wholesale beer business with valuable C license which permits owner to sell Beer products to the general public and to act as a wholesaler, sell to retail stores. This valuable license cannot be duplicated and has a value of $85,000. The business is thirty five years old and is available due to retirement. The business is located in Rockland County NY, conveniently off the Thruway and highways representing an excellent business location. Based on the asking price, required down payment and net income this business should supply a 50% return to the owner operator prior to debt service. The business has a five year commercial lease + options with a monthly rent of $2,900. This general area does not have nearby Beer retails wholesale companies and the seller has agreed to supply a two week non compete agreement to the new operator. The business has been priced very aggressively with owner financing and terms. The business does not have a marketing plan, has substantial growth potential with on site ownership and a marketing plan. The business produces a yearly income of $365,000 and a net yearly income of $60,000. This is a wonderful opportunity with substantial growth potential, a must to see to fully appreciate. The facility consists of 1,500 square feet with a basic image for a beer retail/ wholesale business. The facility has a large exterior sign which is visible from the very active county road. This retail store has a walk up counter, lots of refrigeration and various equipment required for this business. This business is located on a very active county road off the NY Thruway and very convenient for its customer base. The area consists of various suburban communities with a large volume of businesses.
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