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ABSENTEE OWNED LIQUOR STORE PRICED TO SELL! OWNER FINANCING AVAILABLE!
| Asking Price: | $195,000 | Inventory: | $100,000 ** |
| Gross Revenue: | $950,000 (comments below) | Real Estate: | n/a |
| Cash Flow: | Not Disclosed | FF&E: | n/a |
| ++ included in the asking price ** not included in the asking price | |||
| Gross Revenue Comments: Sales increased 50% from 2007 through 2008. | |||
Priced at 20% of last twelve month's revenue, this grocery anchored community shopping center store in the South East Denver Metro area experienced fifty percent (50%) sales growth from 2007 to 2008. Absentee ownership in 2009 has diminished sales this year. Deal to be made. This store needs an owner/operator to flourish.
Based on prior performance, strong profit margins are possible and for a qualified tenant the landlord will reduce rent significantly. Geographically exclusive location enjoys very little competition and the trade area has extremely high average household incomes, ranging from $114,000 to $170,000, within a 5 to 15 minute drive time of the store. Forty percent or more of sales are in wine. Price includes the Liquor POS point-of-sale system and inventory management software so you can maximize sales, have great accounting, control inventory in real-time, and manage tax data all with air-tight security. All the pieces are in plac to catapult this store to the next level except an owner-operator. Don t miss this opportunity.
Based on prior performance, strong profit margins are possible and for a qualified tenant the landlord will reduce rent significantly. Geographically exclusive location enjoys very little competition and the trade area has extremely high average household incomes, ranging from $114,000 to $170,000, within a 5 to 15 minute drive time of the store. Forty percent or more of sales are in wine. Price includes the Liquor POS point-of-sale system and inventory management software so you can maximize sales, have great accounting, control inventory in real-time, and manage tax data all with air-tight security. All the pieces are in plac to catapult this store to the next level except an owner-operator. Don t miss this opportunity.
About the Business
Year Established:2007
Facilities:4,200 SF retail space in a grocery anchored community shopping center. Like new equipment, Industry leader POS system. Deliveries in rear plus a small office.
Market Outlook and Competition:Very high household income area, geographically distinct with limited competition. Delivery, wine tasting, upscale selling and customer service will grow the store sales, volume and profit.
About the Sale
Management Training and Support:Negotiable.
Reason For Selling:Absentee owned. Moving on to other completely unrelated business ventures.
Seller Financing:Negotiable.
KEYWORDS: Liquor store,gross profit,high gross profit,increasing sales,strong profit margin,low rent,anchored,grocery anchored,shopping center,no competition,little competition,high household income,wine sales, strong wine sales, 30-40% wine sales, 40% or more wine sales,pos system, POS system, Liquor POS,absentee owned
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Industry: Food and Beverage
Segment: Liquor Stores Next Listing: Charming Wine and Liquor Store
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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