An Upscale Liquor Store with Unique Products For Sale
Opportunity to Grow the Business
Suffolk & Middlesex Counties, Massachusetts
Listing Number: 1555
Asking Price: $699,000
Inventory: $100,000 (additional)
Gross Revenues: $1,385,000
Owner's Cash Flow: $170,000
A very well-known and upscale Boston liquor store is available for sale! This business is synonymous with the finest hand-selected wines, spirits and craft beer complimented by excellent customer service. In business since 1950, this store is extremely well known and beloved in it’s tight-knit Boston neighborhood, and attracts both locals and the many tourists who frequent the area. The business has been highly profitable, with sales of almost $1,400,000 yearly and Seller’s income for an owner/operator of $170,000!
The business has an upscale look and feel and an extremely high volume of vehicle and foot traffic. They sell primarily wine, with very high margins, and carry unique products. There are no capital expenditures anticipated, and all equipment is in excellent condition.
Growth and Expansion Opportunities
There are many unique ways that a buyer could expand the business. The physical footprint could potentially be expanded in the future to add gourmet food and convenience items. A lottery license could also be obtained. Utilizing third party delivery services such as Drizzly or Instacart would drive delivery sales without having to employ a dedicated delivery driver.
Employees: 1 FT / 3 PT
Support & Training: The sellers will provide necessary support and training.
Reason Selling: Life Style Change