Semi-absentee Liquor Store in Northern Colorado

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Very Profitable - Semi-Absentee - 2376
Asking Price:
$1,200,000

Gross Revenue:
$3,400,000
Cash Flow:
$302,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$295,000
not included in asking price

FF&E:
$59,000
included in asking price

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Business Description

If you ever wanted to buy liquor store in Northern Colorado, this semi-absentee owned store may be the perfect fit for you. Full management in place, owner’s role is primarily oversight and bookkeeping. The store has a decent bottom line even with a gross margin less than 20%. i.e. there’s room for improvement. Profits can be significantly increased by simply bringing the gross margin into line with industry norms. Located in a newer grocery anchored center in a growing area with residential construction all around. According to government statistics, the area population is expected to more than double over the next 20 years, so there is no end in sight for the growth of this store. A growing local economy and a recession resistant industry combine to make this liquor store for sale in Northern Colorado as close to a sure thing as you can get. The business is pre-approved for SBA financing. Further details will be made available to financially qualified prospects who commit to keeping the whole thing confidential. If interested, don’t wait, contact us today!

About the Business

Year Established:
2004
Number of Employees:
9
Real Estate:
Leased
Building Sq. Ft.:
4,000
Lease Amount/Yr.:
$30.00
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About the Sale

Reason For Selling:
Retirement
Training/Support:
As negotiated

Listing Info

ID:
1574180
Ad Detail Views:
0

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Business Listed by

Jim DeShayes, CBI

Colorado Business Exchange
License# ER040031879

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U.S. Census Data for Larimer County, CO
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 Larimer County, CO
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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