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Wine, Liquor, Food Store
Location: United States -> California -> Northern California - Bay Area
Industry: Food and Beverage > Liquor Stores




Business Summary

This wine and liquor retailer is located in one of San Francisco's most affluent neighborhoods. The business has been established for over 100 years and had only 3 owners! The location is absolutely outstanding. The current owner has been running the business since 1971 and works only 12 hours/week. . The business has a history of very strong earnings with 2010 gross sales up 5% year over year. Average owner discretionary income exceeds 400k/yr for the last 4 years. This business has excellent name recognition and a history of substantial and stable profitability. The owner has recently renovated the entire property. The improvements include high efficiency lighting, new motors in the coolers, electrical is entirely code compliant, custom wine and spirits display shelving and cabinets, start of the art security camera system, integrated Metro shelving, and much more. The owner does not do any marketing or advertising. The business can be improved through the addition of a delicatessen, delivery services, expanded web presence with international shipping, active marketing to commercial accounts that surround the location, and much more. A measure of seller financing is available for a buyer with excellent credit and security. The seller will also consider trading the business for real estate and some cash. The seller is ready to retire!


Financials

Asking Price Range:  $1.0M - $2.5M
Gross Revenues:   $400,000
Cash Flow:   $400,000
Cash Flow Type:  EBITDA
Seller Financing:  Not Disclosed

About The Business

Year Established:  1910
Number of Employees:  1 - 3
Relocatable:  Not Disclosed
Franchise:  No
Current Real Estate:  Leased
Property:  Property For Sale

About The Sale

Management Training and Support:  Yes.
Reason For Selling:  Retire.




Print Listing Id: 700171191
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Related Searches: Catering Services  >  Food Production and Packaging  >  Grocery and Supermarkets  >  Liquor Stores  >  Restaurants and Fast Food (Non-Franchise)  >  Vending Machines  >  Other Food and Beverage  > 

Also See: Franchise Opportunities > Franchise Resales > California Businesses For Sale > California Franchises For Sale > California Business Brokers



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