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High Volume Beer Distributor In New York For Sale

New York, US
Asking Price:
$545,000
Sales Revenue:
$1,607,230
Cash Flow:
$205,097

High Volume Beer Distributor with a Class C License. Pandemic Proof! Recession Proof! NY State is NOT issuing any new Class C licenses. This is a solid barrier to entry for new competitors. There are only a handful of these businesses for sale in NY State! The current owner is finally ready to retire. This spacious 7,500 sf space offers everything from craft, domestic and imported beer to kegs, growlers, ice and so much more. They are located just off a major roadway with ample parking and a favorable lease. There are 6 years left on the current lease with an extension possible for a qualified buyer with good credit.

The current rent is $9,583.33/mth (incl taxes and CAM). The business currently operates Mon. – Thurs. 10am-8pm. Fri & Sat. 10am-9pm, Sun 9am-7pm. Gross sales were up from $1,500,000.00 in 2021 to $1,607,230.00 in 2022 with a discretionary cash flow of approx. $205,097.00 (reflecting an owner-operator). The current owner keeps good records of sales and expenses. The business has 2 full-time and 2 part-time employees. An owner-operator, partners or a family would be ideal purchasers. We are seeking a serious and financially qualified buyer with at least $645K in liquid funds to cover the asking price and an additional $100K in inventory. Proof of funds will be requested before the exact address is released or any meetings with the owner can be made. All site visits must be discreet. All meetings must be made by appointment only!

Business Operation

Reasons for selling:

Retirement

Employees:
2 FT/2 PT
Years established:
15

Other Information

Support & training:

Seller will train

Inventory / Stock value:
$100,000
Relocatable:
This business can be relocated.