Asking Price: $649,000 Gross Revenue: $650,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: $190,000 included in asking priceFF&E: $100,000 included in asking priceReal Estate: $350,000 included in asking priceShare this business:
Explanation of Financial Terms
The total asking price of the business for sale.
All income the business received before any cost-of-sales or expenses have been deducted.
Arrived at by "starting with your net (before tax) profit. Then, add back in any payments made to the owner, interest and any depreciation of assets." For example, if the net profit before taxes was $100,000 and the owner was paid $70,000 then the cash flow is $170,000.
Earnings Before Interest, Taxes, Depreciation and Amortization.
The value of the merchandise, raw materials, and finished and unfinished products which have not yet been sold. If there is no inventory price listed then the seller did not provide it.
Furniture, fixtures and equipment that will remain with the business, such as desks, office cubicles, decor elements of a restaurant or showroom, computers and office machines, pots and pans, dishes, display cases, manufacturing equipment, etc., depending on the type of business.
The value of property owned by the business. May be included in the asking price or offered separately. If no real estate value is listed, it was not provided by the seller.
This liquor store has been increasing sales every year since opened and would benefit from having an owner operator in place.
Margins have been low to build sales and ready for price increase which would all transfer to the bottom line.
Excellent record keeping and financials.
Real Estate available for purchase or long term lease with purchase option.
Details available upon receipt of signed NDA.
About the Business
Number of Employees:
Building Sq. Ft.:
The building is half used by liquor store with the balance available for growth or renting to tenant.
Note: Seller says he priced goods below industry margins to build up client base and now ready for across board price increase making the potential owner operator's income over $100K. Inventory high due to need to get best pricing to maintain low introductory pricing.
Plenty of room to grow and focus on wine, craft beers and aged liquor could improve margins.
Boone County Liquor Store - Recently Upgraded - High Traffic Counts
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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
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