Asking Price: $167,500 Gross Revenue: $310,000Cash Flow: $110,000 (Seller's Discretionary Earnings) EBITDA: Not DisclosedInventory: $145,900 included in asking priceFF&E: $65,000 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.
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
Building Sq. Ft.:
$3,800.00 Per Month
1260 sq.ft. in a strip center across from Katy Mills Mall
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.
Final Price!Incredible Opportunity! Turnkey & Profitable Liquor Store
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