Listing ID: 84017
Business Overview
Growth potential Liquor store available for sale near acton/concord MA area. Excellent highly visible location in a plaza located on a busy route. Well organized/well equipped with a 13 door walk in cooler. Spacious approx.4000 sqft business area. Ample parking for customers. Current owner running since 2019 and business has been up since then. Wants to sell due to family health and personal reasons. Ideal to run as a Family business. Many possibilities !
An opportunity not to miss !
Call Gulam for more details at 617-642-5746
Buyer to sign confidentiality agreement
www.GreenStarRealty.biz
Information regarding business for sale is provided by seller and other
sources is not verified in any way by Green Star Realty or it’s salesperson,
and has no knowledge of accuracy of said information and makes no
warranty, express or implied, as to the accuracy of such information Buyer to
do his own due diligence
Financial
- Asking Price: $280,000
- Cash Flow: $45,000
- Gross Revenue: $450,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $40,000
- Inventory Included: N/A
- Established: N/A
Health / Personal
Additional Info
The transaction won't include inventory valued at $40,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people choose to sell businesses. Nonetheless, the true factor vs the one they say to you may be 2 entirely different things. As an example, they might say "I have way too many other responsibilities" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be reasons to try to conceal the reality of transforming demographics, increased competitors, current decrease in revenues, or an array of various other reasons. This is why it is really vital that you not rely totally on a seller's word, however rather, utilize the vendor's response along with your total due diligence. This will paint a much more reasonable image of the business's existing scenario.
Existing Debts and Future Obligations
If the current company is in debt, which numerous businesses are, then you will certainly have reason to consider this when valuating/preparing your deal. Numerous companies finance loans so as to cover items like stock, payroll, accounts payable, and so on. Remember that sometimes this can imply that revenue margins are too thin. Numerous organisations fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may likewise be future commitments to take into consideration. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with suppliers that have to be fulfilled or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the area bring in new consumers? Most times, companies have repeat customers, which form the core of their everyday earnings. Particular variables such as brand-new competitors growing up around the area, roadway construction, as well as staff turnover can affect repeat clients and also negatively affect future earnings. One essential thing to take into consideration is the placement of the business. Is it in a highly trafficked shopping center, or is it concealed from the main road? Undoubtedly, the more individuals that see the business regularly, the better the possibility to develop a returning customer base. A final idea is the basic location demographics. Is the business situated in a densely populated city, or is it located on the edge of town? Exactly how might the local median household income influence future revenue prospects?
