Well known highly profitable Network of 3 liquor stores with sales of over $11 Million are for sale in Fairfield County, Connecticut. This Network operates primarily absentee as the owner is looking to retire and works approximately 20 hours per week. They have a well-seasoned experienced staff and are loved within their community. Rare opportunity to find high volume liquor stores that have SO much potential. Minimal advertising is currently being done, they have NO online sales-NO Websites-NO Deliveries and the owner is STILL earning over $1m operating Semi-Absentee. A more involved owner could propel the sales revenue, reduce labor costs, creating tremendous results. Currently the business is earning over a million dollars per year and a new experienced operator would be able to reduce labor costs and credit card expenses by over $200k per year. Long-term leases are in place, all with easily accessible parking and each site has strong demographics and vehicle traffic. The network is priced at a little over $5m + Inventory. Only strong qualified candidates should inquire about listing.
- Asking Price:
- $5,200,000 Furniture / Fixtures included
- Sales Revenue:
- $11,500,000
- Cash Flow:
- $1,050,000
