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Listed by:

Kensington Company

100% Absentee Two Liquor Stores In Connecticut For Sale

Connecticut, US
Asking Price:
$1,200,000 Furniture / Fixtures included
Sales Revenue:
$4,800,000
Cash Flow:
$11,500

An opportunity to purchase 2 established and state-of-the-art liquor stores in Connecticut. These liquor stores have been serving their communities for over 10 years. Located in strong, anchored shopping centers and surrounded by tons of residential homes and commercial businesses. The stores operate 100% ABSENTEE with Managers and experienced teams in place. A new involved owner will reduce the expenses, improve the operation, as they have tremendous potential to grow the business. It is VERY UNSUAL to have a Network of 2 liquor stores with sales close to $5m that is not highly profitable. HUGE room for Improvement. Selling these 2 stores at ONLY 25% of Revenue. Please refer to listing number 15848 when inquiring about this listing.

Property Information

Real Estate:

Lease

Business Operation

Employees:
10
Years established:
10

Other Information

Furniture / Fixtures value:
$900,000 - included in the asking price
Inventory / Stock value:
$800,000