Beer Distributor For Sale - 26483
- Listing Id: 2364
- Broker Name: Vested Business Brokers Ltd
- Category: Liquor Stores
- Asking Price: $1,600,000.00
- EBITDA: N/A
- Real Estate: N/A
- Cash Flow: $493,000.00
- Inventory: $350,000.00
- No. Of Full-Time Employees: N/A
- No. Of Part-Time Employees: N/A
- Gross Income: $8,450,000.00
- FF&E: $80,000.00
- Year Built: N/A
- Address: Click Here
- Zip Code: Click Here
- City: Nassau County
- State: NY
- Country: United States
- Tenancy: Single
- Occupancy: N/A
- Lot Size: N/A
- Available: Yes
Description
This forty five years old wholesale beer distributor, with a liquor business, is located on an extremely busy road on Long Island. Its beer yearly gross sale is 7 millions; its liquor gross sale is 1.7 millions a year. Seller is over eighty years old. He wants to retire. He owns the property. He is willing to hold a mortgage against the property. The size of the property is 160 X 250. Seller wants 1.5 millions for the beer and the liquor business, with $900,000 as a down payment. Seller wants 4.6 millions for the whole business,with 2 millions as a down payment to hold a mortgage. Seller's net cash flow, after paying all the expenses, is $400,000 a year. Please refer to the Confidentiality Agreement below for further information.
Financial Summary
N/A
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