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Liquor store in prime, high traffic, shopping plaza

Rhode Island (Providence County)

Retail - Liquor Stores

$Seller Financing Available

Asking Price $550,000 Inventory $250,000** 
Gross Income $2,300,000 Real Estate  
Cash Flow Not Disclosed Year Established 1998
FF&E N/A Employees 7

* included in the asking price

** not included in the asking price

Great business for sale

Established Liquor store with growing customer base. Ample parking and high visibility. Located in high density, desirable market area with good demographics. New buyer should ideally be an owner/operator. New lease has just been negotiated.

Facilities: Large store, located in strategic and busy shopping plaza with laundromat. Plenty of space to merchandise, ample reach-ins and large cooler. Equipment is well maintained and average age is 9 years or less.Superior signage.

Competition: Needs owner/operator to maximize the profit potential of this business. Recast shows good cash flow for owner /operator. Store should have wine tasters, better gift baskets, layout and product mix. But the store is still improving sales even in this down economy.

Growth/Expansion: Wine tasters and gathering a customer list are a must! As is promoting gift baskets and improving merchandising and product mix.

Seller Financing Available: Yes

Financing: Some possible to qualified buyer

Support/Training: Negotiable

Reason Selling: Retiremenrt. Seller is absentee and wants to retire out of state

Business For Sale By

Rosalind Newton

401-463-6950

Hewitt Newton Associates

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Contact the seller about this Liquor store in prime, high traffic, shopping plaza

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