Profitable business opportunity for this fifty-year-old highly successful Retail & Wholesale Beer distribution company. The sale includes a long standing company which includes a valuable State issued beer license and commercial real estate property, which includes three commercial rentals. The business has a gross income of $1,450,000 and a consistent net yearly income of $141,000 prior to debt service. The sale includes various equipment required to maintain the business operation. The company has long standing relationships with various retail businesses that rely on consistent deliveries to maintain their products. The company also offers its products as a retail beer business to its various customers. Over the past fifty years, this Beer Distributor has strived to become the premier full-service beverage company in their metropolitan area. They provide their customers with a diverse portfolio of profitable products and delivered on demand by a dedicated delivery force. It is this commitment to customer service that has enabled them to remain one of the best-established and most respected distribution companies. The sale consists of a fully equipped wholesale Beer distribution company, which includes state issued liquor license, 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. This particular business has two employees who are unaware of the pending sale and fully expected to remain post-closing, monthly payroll $4,500. 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 9:00 am to 5:00 & 8:00 pm. The sale includes a valuable Beer D Distribution license, a certificate of occupancy from the particular municipality and the required state, city licenses to conduct its daily business. 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. The 2016 yearly gross income is projected at $1,450,000 and the business has a yearly net income of $141,000 based on an owner operator and prior to debt service. The business and property has been valued at $1,850,000 based on a multiple of the net yearly income, the value of the specific business assets and real estate. Additional some seller financing may be available to a qualified buyer with an appropriate down payment, collateral and credit rating. Please do not disturb business, this sale is absolutely confidential, the employees are Unaware of the pending sale, all viewings are by appointment only and photo may not represent this particular business.
Asking Price $1,850,000
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