Memphis Liquor Store. Cash Flow $95,000. Total Package $250,000
Business Description
27 Year Old - Neighborhood Liquor Store. Located at a Busy Intersection. Very Profitable. Annual Sales $500,000; Sales Margins 26%. Long Term Lease. 1200 Square Feet. Good Presence, Signage and Visibility.
Reasonable Rent of $1800/Month which includes Water & Sewer Fees. The Business is Priced at Only 1.8 Times Cash Flow. Customers Pay Credit Card Fees. Sales by Department: Liquor 90%; Other 10%. The Seller chooses not to have Labor Costs.
Add The Lottery, ATM, Check Cashing, Tobacco, Vape Products, & Delivery - All will increase the Cash Flow of the Store. Seller Retiring.
Note: Complete the " Contact Seller" information on this Page. We cannot provide further information by Telephone, until this information is completed. Upon receipt, we will provide the Business Summary Profile, Financial Information and the Address. You may visit as a "Silent Shopper" or view on Google Maps.
Reasonable Rent of $1800/Month which includes Water & Sewer Fees. The Business is Priced at Only 1.8 Times Cash Flow. Customers Pay Credit Card Fees. Sales by Department: Liquor 90%; Other 10%. The Seller chooses not to have Labor Costs.
Add The Lottery, ATM, Check Cashing, Tobacco, Vape Products, & Delivery - All will increase the Cash Flow of the Store. Seller Retiring.
Note: Complete the " Contact Seller" information on this Page. We cannot provide further information by Telephone, until this information is completed. Upon receipt, we will provide the Business Summary Profile, Financial Information and the Address. You may visit as a "Silent Shopper" or view on Google Maps.
About the Business
- Years in Operation
- 28
- Employees
- 0
- Facilities & Assets
- Quaint Brick Building with Lots of Character. Well Known Liquor Store and Seller. The Building has excellent Rent - only $1800/Month. The Business Has Very Low Overhead and Priced Very Competitively in the Memphis Marketplace.
- Market Outlook / Competition
- Typical for the City of Memphis.
- Opportunities for Growth
- See Above
About the Sale
- Seller Motivation
- Retirement.
- Transition Support
- Seller will provide thorough training.
- Financing Options
- Not a Candidate for an SBA Loan. Price does not meet SBA Minimums.
Listing Info
- ID
- 2288111
- Listing Views
- 2817
Listing ID: 2288111 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.