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LIquor Store in Busy Location
| Asking Price: | $70,000 | Inventory: | $30,000 ** |
| Gross Revenue: | $500,000 | Real Estate: | n/a |
| Cash Flow: | $79,400 | FF&E: | $20,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
Owner re-opened closed store. Store use to do $700,000 per year under previous owner but store money was mis-managed and went out of business. Store presently on track to do very close to $400,000 to $500,000 in sales this year at a 28% margin. Store needs to be cleaned up and more inventory put in and has the potential of doing a fabulous business by adding lotto and cigarettes. The store is a diamond in the rough. Store is located on high traffic road with plenty of in and out parking. Long term lease in place. May sales $25000, June through August average $30-35,000 per month and growing each month as people realize the store is open again and under new ownership. This is priced right and will go quickly.
About the Business
Year Established:1984
Employees:3 full time -
Facilities:Store is located on high traffic road with plenty of in and out parking.
Market Outlook and Competition:Store needs to be cleaned up and more inventory put in and has the potential of doing a fabulous business by adding lotto and cigarettes.
About the Sale
Management Training and Support:3
Reason For Selling:Owner has other interests
Seller Financing:Information available upon request.
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State: Connecticut
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