Liquor store with real estate that needs total renovation (ID: 1094299)

FINANCIAL DETAILS
Asking Price: $650,000
Gross Revenue: $710,000
Cash Flow: $125,000
Inventory: n/a **
Real Estate: n/a ++
FF&E: n/a **
Business Listed by LISTING BROKERPrimesite Business Brokers
Contact Broker:Jenny NgPrimesite Business BrokersView All of My Listings
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Liquor store with real estate that needs total renovation
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Business Description

Price reduction. Rare opportunity to own a liquor store with real estate. Seller financing available. Site is +13,000sf & needs to be divided into smaller stores. Total renovation is needed. Redemption brings in+$100,000 yearly. Seller's terms are flexible.

About the Business

Year Established: 1997

Facilities: Price reduction. Huge store of +13,000sf selling liquor, beer, wine, & convenient items. Redemption is +$100,000 profit per year. Store needs total renovation.

Market Outlook/Competition: Site needs total renovation & needs to be divided into smaller stores. A remodeled store will bring in a lot more customer as well as better quality customer. The effort is worth it. There are other liquor stores in the city. None is as big. Parking available. Busy area. Rare opportunity to own store with the property.

About the Sale

Reason For Selling: Retiring

Training/Support: Seller will train.

Cash Flow Comments: EBITDA: $125,000

Seller Financing: Seller financing available

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