SOLD- Drastically Reduced Northeast Philly Beer Distributor Business For Sale

1670

Established, high volume ($1.2 mil) beer distributor located in a very busy Northeast Philly strip mall with major anchors and high traffic count; store volume is based on 100% retail, great steady cash flow and huge lottery numbers; could provide you or your family a great opportunity. All potential buyers must sign broker forms and provide a buyer profile- no exceptions. The current owner, with major health issues, is looking to retire and has drastically reduced his price from $755,000 down to $450,000. He wants to entertain only qualified buyers.

Facilities:

4,000 sq. ft. store in a major shopping center; "D" distributor license that is surrounded by big time major anchors; store is open 7 days a week.

Competition:

This store is one of the largest stores in the area and has a good market share of the local business. Nearest competitor is approximately 2 miles away and also does very well.

Growth Potential:

This well established Northeast beer distributor has been in business serving Phila. residents for over 30 years. The current owner, who has owned the store since 2008, has now decided to retire and experiencing major health issues. The store is located in one of NE Philly's prime retail strip malls. It has well lit parking, high traffic count, major anchors that draw in consumers and a steady cash flow. The store's volume is also based on 100% retail trade. Lottery numbers are through the roof. and produce over $1.1 mil in volume. A new, motivated owner or family will be successful.

Training/Support:

Training and Support: 3-4 weeks and non-compete 5 years and 10 mile radius.

Seller Financing:

No seller financing available at this time.

Sale Reason:

Seller is retiring due to health reasons.