Superb Oklahoma City Metro Wine & Liquor Store For Sale

Business description

The owners have significantly lowered the price on this fantastic wine and liquor store. A convenient location, a growing upscale area, and a knowledgeable and friendly staff, are part of the reason this store is producing revenues significantly north of $1 million annually. 2009 revenues are expected to be approximately $1,300,000, with a corresponding cash flow of approximately $150,000 to an owner/manager, or more if a couple works the store. Or, run it absentee and still realize a superb return on investment. This business has been run very clean, has solid books, and should make an exceptional investment in any economic environment. This is a quality opportunity. Email or call now to see if this is a fit for you. We also have several smaller profitable stores available. Oklahoma law requires 10 years of residency in Oklahoma to be approved by the ABLE Commission.

Property information

Real Estate:

Lease

Location:

Excellent location with convenient access and situated near other popular businesses that draw customers. Store packed with fresh inventory. Buyer has flexibility on obtaining a short term or longer term lease.

Other information

Expansion potential:

This store has experienced solid growth over the years. What gave this store its stair-step growth over the years is what is expected to contribute to future growth – knowledgeable and friendly staff, great location, and abundant selection.

Competition / Market:

Although there are several stores within a few miles, this store is the shining star among them, and in fact, this store’s growth and success is probably one of best in central Oklahoma.

Support & training:

Owner and/or management very open to working with buyer for a smooth transition.

Reasons for selling:

Seller is raising cash for other business ventures.

Trading hours:

10:00 am to 9:00 pm Monday - Saturday

Financing available:

Generally speaking, liquor stores are hard to finance due to collateral issues with inventory, so buyer will need cash or healthy balance sheet to bank finance. Seller may provide some financing, depending on buyer’s qualifications.

Furniture / Fixtures value:

$25,000 (included in the asking price)

Inventory / Stock value:

$125,000