854 Buyers Online Now
Buy Business Sell Business Business Brokers My Account

Retail Wholesale Beer Co. with RE

Northampton County, Pennsylvania, United States
Photos Website Map
Asking Price$2,200,000
Revenue$1,394,000 Established1989
Cash Flow$177,000 Employees2 full-time
FF&E$220,000* FranchiseNo
Inventory$45,000 RelocatableNo
Real EstateUndisclosed Home-basedNo
* Included in Asking Price
Fifty-year-old highly successful Retail / Wholesale Beer company which includes the real estate. In January of 2017 the state passed a law that allows this business to sell 6-pks, singles and growlers. Additionally, the state of Pennsylvania is now discussing offering a retail liquor license to existing wholesale beer distributors to sell a full range of liquor products and to eliminate the state-controlled liquor businesses. The property includes three commercial rentals with an additional $18,000 rental income. The business will market its various products to the public and with the recent change in the beer license expects to substantially increase the gross income. The business has a 2017 gross income of $1,394,000 and a consistent net yearly income of $177,000 prior to debt service. Over the past forty years, this Beer Distributor has strived to become the premier full-service beverage company in their area. They provide their customers with a diverse portfolio of profitable products and it is this commitment to customer service that has enabled them to remain one of the best-established and most respected retail companies. This industry requires government agency approval to purchase the liquor license. This business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $6,500. The sale consists of a fully equipped Beer & liquor company, which includes various walk in refrigeration units. Shelving, POS system, tables, computers, software including all the necessary equipment to maintain the business operation and a list of assets will be supplied to purchaser upon request. The facility has appropriate private mall parking on site as part of the sale. The business is active seven days per week, with hours from 10:00 am to 8:00 pm. The sale includes a retail liquor license and beer D Distribution license, a certificate of occupancy from the municipality and the required state, city licenses to conduct its daily business. The 2017 yearly gross income is $1,394,000 and the business has a yearly net income of $177,000 based on an owner operator and prior to debt service. The business and property has been valued at $2,200,000 based on a multiple of the net yearly income, the value of the specific business assets and real estate. Additionally, some seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. This is a dependable business opportunity and based on the asking price, required down payment and yearly net income, this business expect to supply a consistent investment return to the owner operator prior to debt service. Based on a 20-year payout at 5% interest, 20% down payment purchaser would obtain a consistent net yearly income return on investment after debt service. Please do not disturb business, this sale is confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.
Facilities:This retail facility consists of 3,900 square feet and located on an active commercial avenue close to various highways in the County of Northampton. The company has an excellent reputation for dependable professional service. The business consists of a free-standing building near to various other active and successful businesses. This opportunity is in an area that consists of various communities with continued demand for this product.
Competition:To the best of our knowledge due to the required liquor license, no other new competitors are expected near to this business and the owner has agreed to supply a long term non-compete agreement to the purchaser.
Growth Potential:The Company presently has a limited marketing plan and no web site, if improved can further develop the business bottom line net income. Also, in January of 2017 the state passed a law that allows this company to offer 6-pks, singles and growlers.
Training/Support:The owner will remain post-closing for thirty days to supply an appropriate transitional period to the new operator.
Seller Financing:Is available to a qualified buyer with an appropriate down payment.
Sale Reason:The owner is retiring after many years of success in this industry.
Ad #103019
Seller Reference #LQST367
The information in this ad has been provided by the business seller or representative stated on this ad. BuyBusiness.com has no stake in the sale of this business, has not independently verified any of the information about the business, and assumes no responsibility for its accuracy or completeness. Please read our Terms of Service before responding to any ad on our website.
Contact This Seller
Ron Cervelli
Regal Consulting Corp.
Email Address