Hot Listing
$1M+ SDE Retail Business + Real Estate + R Liquor License
Business Description
Established and highly profitable specialty retail business with real estate and valuable R Liquor License included. Annual gross sales exceed $3.2 million with over $1 million in net income. Experienced management team is in place, allowing for minimal owner involvement. Located on a high-traffic commercial corridor with an excellent reputation and loyal customer base. Owner is motivated and ready to retire.
About the Business
- Years in Operation
- 48
- Employees
- 29 (8 Full-time, 21 Part-time)
- Facilities & Assets
- Approximately 41,000 SF commercial building situated on 6+ acres with substantial paved parking. Real estate is included in the sale along with a valuable Pennsylvania R Liquor License, approximately $250,000 in FF&E, forklift, and truck with plow. Large property provides additional opportunities for future expansion. Inventory is additional to the asking price.
- Market Outlook / Competition
- Long- established destination retail concept with a unique merchandise mix,strong regional recognition,loyal customer base and limited direct competition.
- Opportunities for Growth
- Significant growth potential through additional use of the large commercial property. A major new 320-room hotel is currently under development in the immediate vicinity, which is expected to bring additional visitors and traffic to the area. Opportunities include adding a restaurant or café, expanding food and beverage operations, events, and additional retail concepts. The included R Liquor License provides additional opportunities for expansion, subject to applicable approvals.
Real Estate
- Owned or Leased
- Owned
- Included in asking price
- Building Sq. Ft.
- 41,000
About the Sale
- Seller Motivation
- Owner is retiring after many years of successful operation.
- Transition Support
- Owner will provide up to 3 weeks of on-site training plus 2 additional weeks of telephone support. Experienced management team is already in place to assist with a smooth transition.
Listing Info
- ID
- 2532831
- Listing Views
- 336
Listing ID: 2532831 The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.
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