Network Of Liquor Stores In Fairfield County
Fairfield County, Connecticut, US, ID 218494
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Description
Well known highly profitable network of 3 liquor stores with sales of over 11 million dollars is for sale in Fairfield County Connecticut. This network operates primarily absentee as the owner is looking to retire and works approximately 20 hours per week. They have a well seasoned experienced staff and are highly regarded within their community. Rare opportunity to acquire high volume liquor stores with significant potential. Minimal advertising is currently being done, there are no online sales, no websites, and no deliveries, and the owner is still earning over 1 million dollars operating semi absentee. A more involved owner could increase sales revenue and reduce labor costs creating strong results. Currently the business is earning over 1 million dollars per year and a new experienced operator would be able to reduce labor costs and credit card expenses by over 200000 dollars per year. Long term leases are in place all with easily accessible parking and each site has strong demographics and vehicle traffic. The network is priced at a little over 5 million dollars plus inventory. Only strong qualified candidates should inquire about this listing.
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