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Super Nice Wine & Liquor Store in Madison, MS - New Price, Great Deal!
| Asking Price: | $395,000 | Inventory: | $135,500 ++ |
| Gross Revenue: | $957,000 | Real Estate: | n/a |
| Cash Flow: | $51,950 | FF&E: | $158,000 ++ |
| ++ included in the asking price ** not included in the asking price | |||
This high-end wine and liquor store is one of the nicest of its kind and has the volume and profitability to prove it. Ranked one of the top stores in Mississippi. Its 3200 sq. ft. includes 800 sq. ft. for storage, bathroom, and office space - landlord has reduced rent by $6000/year. Prime location in one of the busiest shopping plazas in town, with many retail stores and nice restaurants in the immediate area. Also only a few miles away from warehouse. Pictures are available. New price in October. This is a great deal!
About the Business
Year Established:2003
Employees:2 full time - 1 part time
Facilities:3200 sq. ft. of leased space. Lease is through 12/31/09, renewable for 3 years - landlord has reduced rent by $6000/year. Store is super nice, and appointed with high-end furniture, fixtures and equipment. Pictures available. Room for expansion at current location.
Market Outlook and Competition:Store is in a prime location near retail stores and nice restaurants, in affluent Madison, MS. Owner has built a positive reputation and has a loyal customer base. One of the top stores in the state.
About the Sale
Management Training and Support:Yes - length of time TBD. May stay on and manage.
Reason For Selling:Personal reasons.
KEYWORDS: wine, liquor, package, store, retail, upscale high-end, storage, office, reduced, top, profit, prime, new, price
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State: Mississippi
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