Exceptional Wine & Liquor Store
| Asking Price: | $750,000 | Inventory: | $125,000 ++ |
| Gross Revenue: | Not Disclosed | Real Estate: | n/a |
| Cash Flow: | $188,000 (comments below) | FF&E: | $25,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
| Cash Flow Comments: 2008 Earnings | |||
This shining star has demonstrated stellar growth since it opened several years ago. A convenient location, a growing area, a knowledgeable and friendly staff, is part of the reason this store is producing revenues significantly north of $1 million annually, and in 2008, produced a cash flow to an owner/operator of $188,000. Or, should you choose to hire a manager and not be tied down to the store, an owner could have drawn approximately $144,000 from the business (based on 2008 sales). This represents a return of 19% to 25% on a full cash investment basis (depending on how you manage the store), and a significantly higher return on a cash-on-cash basis. This business has been run very clean, has solid books, and should make an exceptional investment in any economic environment. This is a quality opportunity – don’t pass it up. Please, serious inquires only.
About the Business
Facilities:Excellent location with convenient access and situated near other popular businesses that draw customers. Store packed with fresh inventory. Buyer has flexibility on obtaining a short term or longer term lease.
Market Outlook and Competition:This store continues to exhibit an amazing growth record, with solid gains month after month, and year after year. 2009 is expected to be another banner year. Within a few years the store may need to be expanded (again) to accommodate its historical natural growth.
About the Sale
Management Training and Support:Owner and/or management very open to working with buyer for a smooth transition.
Reason For Selling:Seller is raising cash for other business ventures.
Seller Financing:Generally speaking, liquor stores are hard to finance due to collateral issues with inventory, so buyer will need cash or healthy balance sheet to bank finance. Seller may provide some financing, depending on buyer’s qualifications.
KEYWORDS: wine, liquor, beverages, cash, package store, beer
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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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