Beer & Wine C-Store

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Asking Price:
$250,000

Gross Revenue:
$829,648
Cash Flow:
$128,806
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$150,000
not included in asking price

FF&E:
$25,000
included in asking price

Real Estate:
 Not Disclosed

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Business Description

High volume Beer & Wine C-store located in a densely Hispanic area is available for acquisition. Established in 2008 and was later acquired in 2014 by the current owner of the business. Few competitors are within the immediate market area, but the growth of the business hasn't slowed down since grand opening due to large selection of inventory. Sales each year range from $820,000/year to $860,000+/year in gross sales for the past 3-4 years. There is a state of art check cashing booth which will be leased to current owner at monthly rental of $3,500 + 20% of all utilities cost + 50% of alarm service fee. The owner of the business has increased the general selection of many varieties of alcoholic beverages since his acquisition of this business and this has done a great deal towards word of mouth spreading to the local area. Proactive marketing is still needed to fully reach the potential this business can achieve through weekly deals and flyers to nearby neighborhoods. Products & services provided at this store include large selections of beer, wine, soft drinks, chips, phone cards, cigarettes, and household items. Acquisition of this business would be a great asset to the new owner as this business increase in revenue in this densely populated area of Hispanics.

Listing ID #000588
For more info, please call Moon Kim at 1-866-519-2421.

About the Business

Location:
Dallas, Texas
Year Established:
2008
Number of Employees:
4FT/1PT
Facilities:
This business is located in a 3,225 SF retail strip center with an extremely visible signage. All equipment is in impeccable condition and in working order. There is a state of art check cashing booth which will be leased to current owner at monthly rental of $3,500 + 20% of all utilities cost + 50% of alarm service fee.
Market Outlook/
Competition:
Few competitors are within the immediate market, but this beer & wine store hasn't stopped growing since establishment and varieties of alcoholic beverages that are updated regularly which in result provides customers with wide range of selections.
Growth & Expansion:
Alcoholic beverage selections increase for the inventory has spread word of mouth throughout the area it's located in. Proactive marketing to nearby neighborhoods and business will increase revenue.
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About the Sale

Reason For Selling:
Other Opportunities
Training/Support:
The owner of the business will provide the necessary training needed to smoothly transition into the business operation.
Seller Financing:
100% down at the time of closing for the purchase price. Inventory of $150K will be f

Listing Info

ID:
1615847
Ad Detail Views:
0

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Business Listed by

V-AID Group, Inc.

www.v-aidgroup.com
License# 567204

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