Active With Contract
MLS Number 4737509
- Year Built 1997
- Acreage 0.31
This well-known and easy to find specialty shop known as The Beverage Den and Vape Shop, presides directly on the main Route 7 corridor in a high visibility and high traffic location. Home of a generous selection of fine wine, the largest selection of craft beer in Southern Vermont, and standing as one of the main high-volume Vape and CBD retailers in the state, this small store has so much to offer. The Beverage Den has been in business for over 45 years and is the largest retailer for both smoke shop accessories and premium cigars. The business grosses over $750/sq ft in sales and approximately $3 million annually. Their loyal customer base and dedicated staff are in large part responsible for supporting the shop as one of the oldest continually operating retail stores in Bennington. The store has recently built a large and loyal customer base for vape products, accessories, medical cannabis vaporizers, and both glass and silicone pipes. In addition, lottery sales, keg sales, ice, Vermont gifts, magazines as well as a wide variety of specialty foods and snacks round out the retail experience. The next owner would realize many different opportunities to expand this thriving business even further. The sale includes real estate, FFE, approximately $300k in inventory and Goodwill. Currently run as partial owner absentee, with a high-end POS system in place, this amazing location could not be a better investment!
Listed by Paul William Carroccio and Marek Kovac of TPW Real Estate