Liquor Store, Property, Inventory - Price $597,700; SBA Loan Approved

Asking Price$297,700

Cash Flow
$133,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$700,000

Inventory$150,000
Not included in asking price
FF&E$30,000
Included in asking price
Real Estate$150,000
Not included in asking price
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Liquor Store, Property, Inventory - Price $597,700; SBA Loan Approved


Asking Price$297,700

Cash Flow
$133,400
(Seller's Discretionary Earnings)
EBITDANot Disclosed

Gross Revenue$700,000

Inventory$150,000
Not included in asking price
FF&E$30,000
Included in asking price
Real Estate$150,000
Not included in asking price
Business Description
Established Liquor Store. 73 Year Seller Retiring; Current Owner 15 Years. No Immediate Competitor; Property Offered at Market Value. 10,500 Square Feet on .31 Acres+/-. Excellent Visibility, Signage and Parking. Well Merchandised Liquor Store. Good Social Media Presence.

Sales $700,000+/-. Sales Margins 22.6%. Sales By Department -- Liquor 85%, Beer 10%, Wine 5%. Owner Operator Business with 1 Employee. Add Delivery, Lottery, ATM and Wholesale Business -- All will Increase Revenues in the Business.

Excellent Package Price: $597,700. Business Priced at Only 2.2 Times Cash Flow. SBA Loan Down Payment Required: $125,000+/-

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Note:
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About the Business
Years in Operation
71
Number of Employees
1
Facilities & Assets
Large Retail Store 10,500 SQ. Excellent Signage, Visibility and Parking. Sits on .31 Acres+/-
Market Outlook / Competition
No immediate Competitor.
Opportunities for Growth
Expand Product Lines in the Business. Add Delivery; Monthly Liquor & Wine Tastings with Entertainment will Increase Traffic and Sales in the Business.
Real Estate
Owned or Leased
Owned
Not included in asking price
Building Sq. Ft.
10,500
About the Sale
Seller Motivation
Retirement.
Transition Support
Seller will provide a thorough training period to insure a smooth transition for Buyer, Staff and Clientele.
Financing Options
The SBA Has Already Approved This Business. Loan Ready to Go.
Listing Info
ID
2244623
Listing Views
2097

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Business Listed by: Carol Jordan Mainstreet Business Ventures

Listing ID: 2244623 The information on this listing has been provided by either 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 and assumes no responsibility for its accuracy, veracity, or completeness. See our full Terms of Use. Learn how to avoid scams.