Property Details

 DESCRIPTION:

• A Wholesale and Retail Beverage Distribution Center in operation since 1956
• Offering the only Drive-Through Service on the West Side of Monroe County NY
• It specializes in beer, soda wholesale and retail sales
• It has one of last remaining C-Liquor License in New York State and it can be transferable by
• Purchasing this business through a stock sale.
• This business also does a Bottle return business, averaging $500 a week profit.
• The current hours of operation are Monday – Saturday 9 AM – 6 PM

ASSETS/FIXTURES/EQUIPMENT: (Included in the Asking Price)

• Furniture, Fixtures, and Equipment at a Fair Market Installed value of $ 10,000
• Inventory at cost of $ 20,000

 LEASE ARRANGEMENTS:

Gross Rent effective 1/1/2022 is $3,175 per month. A new lease term can be negotiated with the Landlord

SALES AND SELLERS DISCRETIONARY EARNINGS:                                   

                           2020              2019             2018                 2017

Sales:                $901,990      $ 655,781           $615,373          $600,503

Cash Flow (SDE):                $ 91,079         $  91,825          $  85,891

PRICE/FINANCING:

         The Asking Price is $ 275,000.  With $ 150,000 down, there is seller financing for a well-qualified buyer

 COMMENTS:

The current owner has been operating this business for 38 years and looking to retire. This is an ideal owner/operator business. Increasing sales can be achieved by expanding bottle beer recycling, and extending hours. In addition, expanding to Craft Beers by offering different brands to fill Growlers would be a great idea.