Asking Price: $800,000 Gross Revenue: $3,000,000Cash Flow: Not DisclosedEBITDA: Not DisclosedInventory: Not Disclosed FF&E: Not Disclosed 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.
Own your own liquor store on BOTH the East and West Ends of the Island! Take advantage of the East End celebrations such as Mardi Gras, Biker Rally, etc. As well as the tourist and weekender visitors on the West End.
Both of these turnkey operations are in very high profile and heavy traffic locations. Both businesses are ready to hand over to new owners! With combined sales consistently over the $3 million mark the past few years, these store are groomed for continued success! Very well known and respected, the sellers have owned these stores for 5 years and now want to retire!
East End store sells liquor on both a retail and wholesale basis.
West End rent includes triple net of $1,458/mo.
Sale includes: Retail Liquor Business, FF&E, Name/Goodwill and Wholesale Client List. Inventory to be determined at time of purchase - valued at +/- $650,000 and is subject to change. No liabilities associated with the businesses at this time.
About the Business
Building Sq. Ft.:
$8,009.00 Per Month
Wholesale sales could be expanded. Lottery and ATM machines could be added for extra revenue.
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 & Conditions.