This very profitable high volume liquor store with annual revenue of $ 4,779,443 and average margin of 33.64% of sales has been located on the corner of a high traffic streets of Denver Colorado. There is no liquor store competition around the corner where the store has been located. The Store has been located in an excellent residential area where there is no major food store close by. The residential homes surrounding the liquor store are in all directions and 3/4 of annual revenue is generated from the neighborhood and commuters from the street. The store has a very well organised delivery system which generates the other 25% of revenue from the orders that store receives from different sources.
The building consists of 2 levels. Main level is the sale center and upper level is used for storage. This is a great opportunity for an owner investor looking to take home well over $ 300 K a year. Revenue records show every year sale has been increasing , and is continuing to increase year over the year. If you have experience in doing business and $700k to invest please do not miss this great opportunity.
About the Business
Number of Employees:
Building Sq. Ft.:
$15,956.92 Per Month
WALK - IN COOLERS, SECURITY CAMERAS, POINTS OF SALES, GONDOLES, CARS AND MONITORS WITH COMPUTERS
There is not competition around the corner and the store is not located in the vicinity of large food stores.
Growth & Expansion:
Tax returns of the last 3 years shows a growth of 6% to 8% revenue every year
SELLER WILL PROVIDE TWO WEEKS TRAINING FREE OFF CHARGE FOR BUYER AFTER CLOSING
Bank loan with SBA loan is available
Ad Detail Views:
Asking Price: $2,000,000 Gross Revenue: $4,779,443Cash Flow: $521,133EBITDA: $521,133Inventory: $650,000 not included in asking priceFF&E: $150,000 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.
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
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