Final Price!Incredible Opportunity! Turnkey & Profitable Liquor Store

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Incredible Opportunity! Turnkey & Profitable Liquor Store ASSET SALE!!
Asking Price:
$167,500

Gross Revenue:
$310,000
Cash Flow:
$110,000
(Seller's Discretionary Earnings)

EBITDA:
 Not Disclosed
Inventory:
$145,900
included in asking price

FF&E:
$65,000
included in asking price

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Business Description

SERIOUS BUYERS ONLY! The seller will finance with $145,900 down to cover the inventory she has paid for. This store is selling the business for the inventory at cost and the FF&E at fair market value. No other discounts are given. This is the final asking price. This an absolutely fantastic business for anyone looking to make money from day 1! This turnkey and profitable family ran liquor store is located right off of I-10 in the growing city of Katy Texas. The business is located in an extremely busy commercial area (Wal-Mart is only a few hundred feet from the store) where shopping and the restaurant business is robust.This store consistently targets gross profit margins greater than 39%. The asking price includes the inventory at cost, the FF&E at market value and only half of the gross profit. This price point makes the business among the best in value. If you are a sound business minded individual and want to invest in a rapid return for your investment, then look no further. This business is priced for a quick sale and this opportunity won't last long!

About the Business

Real Estate:
Leased
Building Sq. Ft.:
1,260
Rent:
$3,800.00 Per Month
Facilities:
1260 sq.ft. in a strip center across from Katy Mills Mall
Market Outlook/
Competition:
Other liquor stores in the area but has a dedicated clientele and new foot traffic everyday
Growth & Expansion:
Growth will be easy for this location. The store can increase sales by obtaining commercial accounts,corporate accounts and advertising. which they have never done. This store is set up around a huge number of hotels/motels and restaurants. They never pursued any commercial deals/sales because she was taking care of her kids. Restaurants and hotels have to buy their alcohol from liquor stores here in Texas. They cannot purchase from distributors.
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About the Sale

Reason For Selling:
Retirement/Health
Training/Support:
Seller will stay on 4 weeks for a smooth transition

Listing Info

ID:
1509117
Ad Detail Views:
2017

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Business Listed by

Brad Ellison

Pro Asset Advisors

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U.S. Census Data for Fort Bend and Harris Counties, TX
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Source: Decennial Census (2010), United States Census Bureau.

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U.S. Community Survey Data for Fort Bend and Harris Counties, TX
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Source: American Community Survey (2010-2014), United States Census Bureau.

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