Rare Find Hi Volume Beer And Soda Distributor

This beer & soda distributor is located in a college town in Monroe County, New York. It comes with a Class C License, and is ideal for an owner-operator to take to the next level and double the volume. This license is valid across the entirety of New York State in all counties and is transferable to a new location with application approval by the NYS Liquor Authority. A new license is not required in order to move the license to another site. This license allows for the wholesale distribution of beer, soda, carbonated beverages, and water, and the retail sale of these products plus ice, cigarettes, lotto, and snacks. The seller is also including a wholesale cider license. This license is no longer available through the state since 1960, and can only be purchased from the special few who already have them. In today's economy, this is a great opportunity to start a distribution business that can do wholesale and retail in one of the product categories that seems recession-and-COVID-proof. It is also a great business for craft beer connoisseurs looking to having a business around their hobby, and write off all those brewery visits as a business expense. Currently, this business has $60,000.00 in inventory, and a great lease with 10 years remaining.
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Total Sales: $500,000

Cash Flow: $87,807

EBITDA: $519,521

FFE: $130,000

FFE Included: Yes

Inventory: $60,000

Inventory Included: Yes

Year Established: 1984

Employees: 4

Lease Option: 9/30/2030

Monthly Rent: $2,200

Type of Location: Leased

Square Footage: 1,800

Facilities Information:

10 year transferable lease with great terms, in brand new 2020 building. FF&E $130k includes all of the owned equipment & POS system with furnished office (detailed inventory list is provided upon signed NDA).

Reason For Sale:

Seller is retiring; downsizing from multiple businesses

Training & Support:

Seller will train and support the new owner ongoing with conditions as agreed and desired by the right buyer.

Competition:

Great main street in a college town location with tremendous traffic visibility and off-street parking in a private lot. Advantageously located with proximity near a bottle redemption center, a liquor, and a wine store. Located with easy access to the Lake Ontario lakeshore and NYS Park beaches, lodges, and campsites. This business has a presence on social media.

Potential Growth:

Current owner has already tapped in to today's cutting edge interests, technology, and social media. This business is merely waiting for the buyer who can focus 100% on exploding that growth to the next level.

Financing/Terms:

Min DP of $260K is requested; seller willing to hold a 5yr note for $200K @7%.