37670 – Spectacular Opportunity in PA Liquor Store!
RetailFor Sale in PA
Financial & Assets Details
About the Business
From a Lake Town Resort area in Central Pennsylvania, popular Liquor Store provides over 120 quality brands of domestic, imported or crafted beers and ales to a thriving repeat-customer base. Including those packaged in 6 or 12 packs, company offers tap rental and carry out services to the surrounding geographical area; as well as cases, kegs, assorted snacks and ice bags. Headquarters is a 1,500 square foot building with a featured storefront, office room, ample parking area and storage space for their ranging inventory average, which is high on summers and low during the winter. After a county reevaluation of property tax, facility currently holds a $2,000 monthly lease and is also available for purchase separate from asking price; it is found in excellent condition and able to handle extra capacity. Business is ready for strategic investors to continue operations after a standard transition of 5 days per week for 6 months, thanks to a skilled personnel of 4 nonunion employees with field experience agreeing to stay post-acquisition. Besides maintaining a website and online social media presence for self-promotion, marketing efforts center on utilizing radio and local newspaper ads, fortifying their proven effective referral source system. Since inception in 1985, business has kept its substantial reputation and long-standing client relationships, while presenting growth opportunities for ambitious buyers wanting positive returns in development. Already with projections in place to surpass last year’s gross sales in 2020 with a rounded Pro Forma of $1.62M, total revenues for 2019 reached amounts of $1,584,821, along with Seller Discretionary Earning values of $182,761.
Financing can be negotiable for the appropriate buyer.
Support & Training
Standard 6 month transition of 5 days per week.
Reason for Selling:
Approaching retirement and/or pursuing other interests.