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Very Profitable Grocery store and Liquor store

Vermont (Rutland County)

Retail - Convenience Stores | Retail - Liquor Stores

Asking Price $1,800,000 Inventory $120,000** 
Gross Income $2,589,170 Real Estate $875,000* 
Cash Flow $400,000 Year Established 1973
FF&E $100,000* Employees 10 ft / 8 pt

* included in the asking price

** not included in the asking price

Grocery Store + Liquor Store + Apts = Profits !!

Two adjacent, complimentary businesses: 1. An independent 3900 sf grocery store. The store and equipment are in good condition. There is a UPC scan system with 2 checkouts. The store has a popular meat department and carries fresh fish. The store is operated by one working full time owner, along with a competent, experienced staff. The store is housed in a very well kept historic building. 2. Adjacent to the market is a separate 3600 sf Country Store that operates primarily as a Vermont Liquor Agency store, selling liquor along with a large variety of beers and wines. The store also offers a unique selection of Vermont made products, specialty items, and games. The store caters both to locals wanting beverages and tourists who additionally desire the Vermont products and specialty items. The store was opened in 2006 and has grown revenue each year. The building has been renovated inside and out and includes a beautiful country porch. There are residential apartments in both buildings. The two businesses along with the real estate are being offered together.

Facilities: Facilities consist of a 3900 sf grocery store with ample coolers, freezers, and other store equipment. A 3600 sf country store and Vermont Agency Liquor Store with ample coolers, shelving and other store equipment. 8 recently renovated apartments and ample storage space.

Competition: This is the only full service grocery store in town. There are two gas/convenience stores in town, but are not seen as real competition. The neighboring town, about 3 miles away, also has a similar small grocery store. The store has a strong local following and benefits from the nearby ski resort for which this is the closest grocery store. Business has grown each year and is showing a strong 2009. There is no nearby competition for the liquor store, which becomes a huge draw for the grocery store.

Growth/Expansion: The grocery store is a mature business with consistently increasing sales. The country store and liquor store is new and could be expanded to include a cafe, coffee house, or some additional use. The newly renovated building still has plenty of under used space for a new owner to grow into.

Financing: Seller will consider some secondary financing to a qualified Buyer.

Support/Training: Owner will offer 40 hours of transitional services.

Reason Selling: Other business interests.

Business For Sale By

CenterPoint Business Advisors

603-444-0999

CenterPoint Business Advisors, Inc.

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