Liquor Store - High Gross Profit Margin!

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Projected cash flow over $300,000!
Asking Price:
$1,200,000

Gross Revenue:
$2,400,000
Cash Flow:
$324,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
 Not Disclosed

FF&E:
 Not Disclosed
included in asking price

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Business Description

Established Liquor Store with 27% Gross Profit Margin. The store is located at the convergence of three highly desirable towns south of Boston. Within a five-mile radius, the estimated average house hold income exceeds $115,000 with an approximate population of 112,000. The store’s strip mall location provides ample parking and is easily accessible for the 27,000 cars per day (average daily traffic count) that pass by their parking lot. Store revenues for 2017 exceeded $2.8 Million. An additional license was issued in town and a new store opened up in November of 2017. Management is projecting sales of $2.3 to $2.4 million this year with Seller Discretionary Earnings greater than $300,000!

About the Business

Year Established:
2005
Real Estate:
Leased
Facilities:
Store is approximately 5,200 square feet with a stable long-term lease..
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About the Sale

Seller Financing:
Seller will consider some seller financing for qualified buyer.

Listing Info

ID:
1494096
Ad Detail Views:
1350

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$
months
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Business Listed by

Joe Squizzero

Squizzero & Associates

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U.S. Census Data for Norfolk County, MA
Age

Gender

Ethnicity

Source: Decennial Census (2010), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.

U.S. Community Survey Data for Norfolk County, MA
Income

Education

Source: American Community Survey (2010-2014), United States Census Bureau.

This product uses the Census Bureau Data API but is not endorsed or certified by the Census Bureau.


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