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Businesses For Sale   >>   Massachusetts Businesses For Sale Categories   >>   

Beautiful Wine Shop In Downtown Location

Location  Massachusetts,United States
Asking Price Range  $250K - $500K
Gross Revenues  $460000
Net Profit / Cash Flow  $140000
Cash Flow Type  Sellers Discretionary Cash
Seller Finance  Yes
Year Established  2008
Number of Employees  4 - 5
Relocatable  No
Number of Employees  4 - 5
Real Estate  Leased
Training  The seller will provide necessary support and training.
Reason for Sale  Retirement
Description  ** UNDER AGREEMENT ** A beautiful and very profitable wine shop is available for sale! In business for 5 years, the store has become a popular fixture in the town and is known for their wide selection of unique wines and friendly customer service by the owner. The business attracts local residents and those working in the area as well as tourists who frequent the area several times a year. Since the business primary sells wine and craft beers the margins are high, around 40%, making it very profitable for a working owner. 2012 sales were $460,000 with a seller's discretionary earnings of approximately $140,000! Overhead costs are also extremely low for this business and rent is only $1,700 per month, which includes utilities, taxes and common area maintenance. A buyer can assume the current lease and negotiate an extension period with the landlord. The shop is in excellent condition and all equipment is included in the sale.
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