Established Liquor store in a prime location

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Asking Price:
$91,000

Gross Revenue:
$220,826
Cash Flow:
$44,537
EBITDA:
$44,537
Inventory:
$55,000
not included in asking price

FF&E:
$30,000
included in asking price

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Business Description

This liquor store has been established for over 3 decades and enjoys many repeat customers, good vendors and great location. This store is located in a prime location near major highway and off the main road with steady traffic. The store owns ATM machine for customer convenience.

The current owner purchased the business 14 months ago and need to sell due to personal reasons. This business used to produce revenue of $590,000 and estimated discretionary earnings close to $100,000. Great time to purchase this particular liquor store at current value and grow the business.

Approximate inventory value is $55,000.

About the Business

Number of Employees:
2
Real Estate:
Leased
Building Sq. Ft.:
1,000
Lease Rate/Sq. Ft./Mo.:
$2,692.00
Facilities:
This spacious retail shop has a welcoming front counter area, separate manager’s office, staff bathroom, wine tasting room, walk-in coolers, storage space and locked storage for liquor products.
Growth & Expansion:
New owner can strengthen tobacco products and add lottery certification for higher revenue and earnings. The current inventory level should support higher revenue with additional marketing efforts.
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About the Sale

Reason For Selling:
Personal reasons
Training/Support:
Owner will be happy to offer necessary training at no cost and support the new owner(s) to ensure a smooth transition.
Seller Financing:
30% down & seller financing

Listing Info

ID:
1537648
Ad Detail Views:
829

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Business Listed by

Young Bebus

VR Business Brokers | Mergers and Acquisition
License# 40546522

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