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Liquor Store Business with Real Estate

Providence, Rhode Island (Providence County)

Retail - Liquor Stores

Asking Price $329,000 Inventory Separate Transaction** 
Gross Income $900,000 approx Real Estate $449,000** 
Cash Flow Not Disclosed Year Established 1966
FF&E $75,000* Employees 4

* included in the asking price

** not included in the asking price

Attractively located store with growth potential . Buyer should have a minimum of $300,000 liquid to access this transaction.... which includes down payments on Business and Real Estate ( building ).. Inventory to be paid outside of closing ... Possibility for some Owner Financing available..

Facilities: Located at stop light on busy main street. Both Off-Street Front and recently acquired Rear parking available. The building is of block and brick construction , with a full basement. Main floor rear Inventory storage large walk-in plus , reach-in cooler wall with well maintained compressors. , a conveyer system is used to store additional inventory in basement.. Basement could be used as a fine wine cellar.. This business occupies both units of a 2 unit single story building .

Competition: Close to 2 Colleges . Convenient location in high density residential area.

Growth/Expansion: Recently Increased Hours and Sundays plus newely initiated ' Cigar ' Business !

Financing: Possability of some owner financing...

Support/Training: As Needed ..

Reason Selling: Owner Pursuing Varied Business Interests.

Business listed by

Rosalind Newton

401-463-6950


Hewitt Newton Associates


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