Wholesale and Retail Beverage Distribution Center – Rochester
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.