Established Specialty Wine & Liquor Store for Sale

New Haven County, CT
Liq Store
Sale Pending
Asking Price:$249,900
Gross Revenue:$500,000
FF&E:$15,000
Cash Flow:$105,000
Inventory:$75,000
Established Year:2002
BUSINESS DESCRIPTION

This well-established wine and liquor store has been in the same location for 22 years, drawing loyal customers from all over Connecticut with its unique selection of rare and specialty wines. The owner is now ready to retire, presenting an excellent opportunity for an owner-operator.

Key Features:
- Size: 2,000 sq ft, with ample room for expansion.
- Revenue Opportunities: The store currently does not sell lottery tickets, cigarettes, vapes, cigars, or have an ATM — all of which could be added to boost sales.
- Hours: Open only six days a week, nine hours per day, offering potential to extend hours and increase revenue.

The store also delivers wine to loyal high ticket customers in Rhode Island every 4-5 weeks, adding a unique income stream. The current lease is month-to-month, but the owner is open to discussing a longer-term arrangement for the right buyer. The seller would like to close in Q1 of 2025.

- No seller financing available
All reasonable offers will be considered. NDA required for address and further details.


DETAILED INFORMATION
Location
New Haven County, CT
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
All FF&E in the business are included in the asking price.
Competition
Due to its unique business model of offering a specialty selection of handpicked wines, there is no other store in the area offering the same experience, resulting in minimal competition.
Growth & Expansion
Addition of Lottery, Cigarettes, Vapes, Cigars, ATM, and order delivery on Doordash and Grizzly in neighboring towns.
Financing
No Seller financing available
Support & Training
Current owner would be willing to provide training but will charge on an hourly basis.
Reason for Selling
Retirement
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Hassan
Mahmood
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Hassan Mahmood