Liquor Store

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Liquor Store
Asking Price:
$625,000

Gross Revenue:
$1,318,756
Cash Flow:
$120,278
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$182,000
included in asking price

FF&E:
$140,000
included in asking price

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Business Description

Strip center built in 2004 by business owner. Independent plaza. Initially a C-store, owner converted to liquor store in 2009. Clean, modern facility and equipment. 15-door cooler. Approximately 100 shelving units (gondolas). 6 aisles. 30 ft. long counter. Camera system. Owns ATM machine. Roll down metal hurricane shutters for store front. Works on 20 to 25% gross margin. Husband and wife owners work the store. No employees. Very profitable.

About the Business

Year Established:
2004
Real Estate:
Leased
Facilities:
2,400 sq ft store. Clean and modern facility. Located in small strip center on major 6-lane commercial street. Densely populated residential and commercial area.
Market Outlook/
Competition:
Modest competition.
Growth & Expansion:
Mailing fliers into neighborhood promoting price specials should be done.
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About the Sale

Reason For Selling:
Retiring.
Training/Support:
Will train for 4 weeks @ $0 cost.
Seller Financing:
$400k Down/$225k for 60 mos. @ 7%. Seller Financing. $255,000 for 60 months at 7% int

Listing Info

ID:
1375385
Ad Detail Views:
391

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Business Listed by

Murphy Business

Murphy Business & Financial Corporation

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U.S. Census Data for Pinellas County, FL
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Pinellas County, FL
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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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