Category

:

 Retail Miscellaneous

SIC

:

Detail

:

 Retail Fine Wines

Price

:

 1,300,000

County

:

Down

:

 1,300,000

State/Prov

:

 Massachusetts

Disc Earn

:

 -144,511

Country

:

 USA

Sales

:

 3,061,805

Reason for Sale

:

 Retirement

General Location

:

 Massachusetts

Organization Type

:

 'LLC'     Hours Owner Works: 0

:

Years Established: 197  Years Owned:  22  Emp FT:  3  Emp PT:  7  Mgrs:  3

Non Compete

:

 Miles:  50  Years:  5  Weeks Training:  2  Cost:   $0

Operating dys/hrs

:

 Mon-Sat 9-8; Sun 11-6

Skills/Licenses

:

 Mass. ABCC and local retail liquor license

Business

:

 Is Relocatable: N    Is Home Based: N    Is a Franchise: N    Is Lender P/Q: N    Should Qualify For Visa: Y

Data Source

P/L Statement

P/L Statement

P/L Statement

Year (Cash Flow)

2024 (N)

2023 (N)

2022 (N)

Gross Revenue

3,061,805

3,305,478

3,755,039

Cost of Goods

2,201,559

2,348,849

2,711,837

Gross Profit

860,246

956,629

1,043,202

Expenses

1,105,544

1,082,507

1,193,298

Net

-245,298

-125,878

-150,096

Owner Salary

0

0

0

Benefits

29,537

47,307

38,450

Interest Expense

54,529

42,564

54,683

Depreciation

16,299

17,875

27,880

Other

422

421

422

Discretionary Earnings

-144,511

-17,711

-28,661

Accounts Rec

0

N*

Real Estate

0

N*

Inventory

525,000

Y*

___________

0

N*

F F & E

490,000

Y*

Total Assets

1,015,000

Y*

Leasehold

0

Y*

PAUL BELLACQUA

Office

:

ASSOCIATE

Fax

:

Home

:

 (781) 801-6800

SUNBELT BUSINESS BROKERS NAPLES & FT MYERS and Sarasota

Cell

:

 (781) 801-6800

2640 GOLDEN GATE PARKWAY, SUITE 204

NAPLES, FLORIDA 34105

Email

:

 pbellacqua@sunbeltofflorida.com

USA

Home age

:

 sunbeltofflorida.com