Retail Wholesale Beer Company

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Listing ID: 700323240

Listing Title: Retail Wholesale Beer Company

Quick Link: http://www.globalbx.com/listing.asp?bId=323240

Industry: Food and Beverage

Industry Segment: Liquor Stores

Country: United States

State / Province: Pennsylvania

Area

City: Northampton

Asking Price Range: $1.0M - $2.5M

Gross Revenues: $1,394,000

Cash Flow: $177,000

Cash Flow Type: EBITDA

Year Established: 1989

Number of Employees: 1 - 3

Business Description:
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 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 business is active seven days per week, with hours from 10:00 am to 8:00 pm. The business and property have 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.



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