Norwalk, CT
A Turnkey Wine & Spirits Opportunity in Norwalk that is a modern, neighborhood-focused wine and liquor store offering a thoughtfully curated selection of premium whiskey, wine, craft beer, and...

Norwalk, CT
A Turnkey Wine & Spirits Opportunity in Norwalk that is a modern, neighborhood-focused wine and liquor store offering a thoughtfully curated selection of premium whiskey, wine, craft beer, and...
$300,000

Stamford, CT
**Serious Inquiries only, in order to filter through more serious buyers proof of funds will be requested before moving forward ** Owner is willing to a reasonable negotiations on price with cash...
$799,000

New Haven County, CT
Take advantage of this rare opportunity to own a thriving liquor store in a prime location in New Haven CT. Situated in a high-traffic shopping plaza with ample parking, this 3,000 sq ft retail space...
$429,000
Cash Flow: $336,000

Meriden, CT
Liquor Store for SALE! 200k for the business and inventory separately sold (option to seller finance the inventory) Also-option to purchase the building for 600k after the purchase of the business...
$200,000
Cash Flow: $6,000
Meriden, CT
The business, assets, and building for sale! ALL IN PACKAGE DEAL! The buyer may purchase the business first and then the building at another time to build Income if needed. Income is approx 500k....
$750,000
Fairfield County, CT
Package store with over 12 years of business and great following. Located at an intersection, great exposure and plenty of private parking. Gross revenue of over $850,000 average with over $200000...
$400,000
Cash Flow: $240,000
REAL ESTATE INCLUDED
New Haven County, CT
Established liquor store with real estate for sale in New Haven County, Connecticut. This well-known community business has been successfully operated by the current absentee owner for over 15 years...
$699,000
Middlesex County, CT
This Liquor Store is located on a highly visible, prime corner with 18,000 car count, and over 125 feet of frontage on a main road. The shop is doing over $1.2m in revenue with tremendous room for...
$4,000,000
Cash Flow: $250,000
Wilton, CT
This is a truly brand-new store, built from the ground up with not prior customer base. Over the past three and a half years, I've carefully cultivated a loyal clientele. The store is equipped with...
$210,000
Cash Flow: $1
Storrs Mansfield, CT
$96,500
Available Nationwide
$50,000
Fairfield County, CT
$30,000
Stamford, CT
$249,000
Derby, CT
$274,500
Fairfield County, CT
$399,000
Pine Meadow, CT
$59,000
Tony Torella
Excelsior Business Group LLC
Serving Fairfield County, CT
When you choose to list the sale of your business with Excelsior Business Group we will be ready to work with you to properly position your business to sell, assist you to know the current market value of your business, maximize the value of your company and help you sell it to a qualified buyer. As your representative we will be prepared to stay actively involved with you from the time you list your business with us until the closing. Most business owners will only sell one business in their lifetime, and we can help explain how the process works. As we move through the listing, marketing and selling process with our clients we handle all the necessary details: > We pre-qualify all serious potential buyers for financial capability and experience. > We coordinate activities as needed with associated attorneys, accountants, lenders, etc. > And, most importantly, we keep our clients informed and involved in the process, while enabling them to continue to focus on running their business during the selling process. We work hard and are proud of the success we have representing our clients. As such, we will provide references upon request.
Gales Ferry, CT
$229,000
Tolland County, CT
$1,200,000
Tolland County, CT
$227,000
Connecticut
$1,200,000
Hartford County, CT
$450,000
Available Nationwide
$50,000
Fairfield County, CT
$5,200,000
Fairfield County, CT
$1,000,000
Farmington, CT
$325,000
Connecticut
$280,000
Mansfield Center, CT
$119,500
New Haven County, CT
$650,000
Liquor stores are a staple business in most communities, providing customers with a variety of alcoholic beverages that are always in demand. Among retail businesses, liquor stores are an often overlooked but consistently performing option.
If you are looking to buy or sell a liquor store business in Connecticut, it helps to have some context on the market, and to understand how these types of businesses are valued. Below, we have aggregated financial data from current and recent Connecticut listings to provide some benchmarks on valuation and performance of liquor store businesses. All data is based on broker and business owner provided financial information.
Market Overview
|
Number of Businesses Analyzed |
22 |
|
Median Asking Price |
$287,500 |
|
Median Reported Revenue |
$700,000 |
|
Median Reported Earnings |
$125,000 |
|
Financials based on businesses that listed an asking price, annual revenue, and seller's discretionary earnings. |
|
Connecticut Liquor Store Business Valuation Multiples
|
Range |
Revenue |
Earnings (SDE) |
|
Lower Quartile |
0.38 |
2.38 |
|
Median |
0.41 |
2.95 |
|
Upper Quartile |
0.49 |
3.21 |
|
Revenue and earnings multiples based on reported revenue, seller's discretionary earnings, and asking price. |
||
Read the Report:
Liquor Store Business Valuation Multiples & Financial Benchmarks
FAQs
How much does it cost to buy a liquor store in Connecticut?
The median asking price for a liquor store in Connecticut is approximately $287,500. However, this can vary significantly depending on the size, location, and financial performance of the store.
How much do liquor store owners earn?
On average, liquor store owners in Connecticut report median annual sales of $700,000 and annual owner earnings of $125,000. These figures are based on businesses that have listed their annual revenue and seller's discretionary earnings.
How do I value a liquor store business?
Valuing a liquor store business involves considering several factors, including annual revenue, profit margins, and market conditions. Brokers, business owners, and business buyers will typically rely on valuation multiples to gauge business value relative to similar businesses in the market. Liquor store revenue/sales multiples in Connecticut typically range from 0.38 to 0.49, with the median at 0.41. Earnings multiples range from 2.38 to 3.21, with the median at 2.95. These values suggest a typical liquor store business in Connecticut will sell for around 0.41 times its annual revenue, and 2.95 times its annual owner’s earnings.
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