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Cork & Barrel

Hamden, CT
Asking Price:$1,500,000
Inventory:$500,000
FF&E:$250,000
Gross Revenue:$3,000,000
Rent:$11,600/Month
Established Year:2010
Listing ID: 2272186Listing provided by BizBuySell
BUSINESS DESCRIPTION

High Margin Wine and Liquor Store on Whitney Ave

Located on Whitney Ave in Hamden Connecticut, our wine shoppe enjoys high visibility, easy access, and a loyal customer base. Our store boasts an impressive selection of fine wines, spirits, craft beers, sakes, and much, much more. Our diverse inventory appeals to a wide range of tastes budgets, and clientele. The store layout is both functional and visually appealing; featuring custom-made quality shelving and a stunning self-serve cooler room; the designs enhance the shopping experience, making it easy for customers to find what they need. Our clientele is both loyal and enthusiastic to learn about new products. Comprehensive training and support during the transition is available, ensuring you're well-prepared to continue the store's legacy of success. If you are passionate about the world of spirits, have a knack for customer service, and want to build upon the foundation we have laid, feel free to reach out.

- NDA before review of numbers.
- 1,500,000 Please email to set up a time to view the store before the consultation meeting
- Proof of Funds of 2 million before review of numbers
- 15-year lease with 5-year options
- Rent includes triple net
- Private sale - No broker involved

Serious inquiries only, please. Contact us by email to schedule a private viewing and learn more about this fantastic business opportunity.

Email: info@corkandbarrelhamden.com

DETAILED INFORMATION
Location
Hamden, CT
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,500
Lease Expiration
01/01/2038
Employees
5
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Cork & Barrel is one of a kind...in the sale of wine, liquor, sake, craft beer and much much more. The store was named in the top 100 in the country and serves in the market as a high-end retailer due to its location, vast selection, and exceptional customer service. There is minimal competition in the area.
Growth & Expansion
There's room for expansion and growth in this business. You can explore e-commerce, expand delivery services, and cater a wider selection to ever-evolving customer selections. The Website can also be expanded on and further drive community engagement, customer base, advertising, wine clubs, wine dinners etc.
Financing
No financing available from seller
Support & Training
We'll provide comprehensive training and support during the transition, ensuring you're well-prepared to continue the store's legacy of success.
Reason for Selling
Retiring after 32 years in the business.
BUSINESS LOCATION
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Prashant Mehta
Prashant Mehta