Very Profitable Liquor Store With High Margin

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Very profitable Liqour store

Business Description

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

Location:
Denver, Colorado
Year Established:
1978
Number of Employees:
29
Real Estate:
Leased
Building Sq. Ft.:
8,858
Rent:
$15,956.92 Per Month
Facilities:
WALK - IN COOLERS, SECURITY CAMERAS, POINTS OF SALES, GONDOLES, CARS AND MONITORS WITH COMPUTERS
Market Outlook/
Competition:
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
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About the Sale

Reason For Selling:
SWITCHING TO ANOTHER BUSINESS
Training/Support:
SELLER WILL PROVIDE TWO WEEKS TRAINING FREE OFF CHARGE FOR BUYER AFTER CLOSING
Seller Financing:
Bank loan with SBA loan is available

Listing Info

ID:
1633339
Ad Detail Views:
0
Asking Price:
$2,000,000

Gross Revenue:
$4,779,443
Cash Flow:
$521,133
EBITDA:
$521,133
Inventory:
$650,000
not included in asking price

FF&E:
$150,000
included in asking price

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Business Listed by

Amir Mostafavi

United Property Brokers VI
License# 040025585

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U.S. Census Data for Adams, Arapahoe, Denver and Jefferson Counties, 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 Adams, Arapahoe, Denver and Jefferson Counties, 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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