The liquor store was established in 2004 by the current owner. The store is located in a strip center in a prime location with unique clientele.. They have a good mix of older affluent and young professional clientele. The strip center is anchored with popular establishments that drive traffic daily. The store has a successful high-margin wine business.. A favorable lease is in place.. All the business comes from word of mouth.
- Asking Price:
- $950,000 Furniture / Fixtures included
- Sales Revenue:
- $1,681,000
- Cash Flow:
- $400,000
Property Information
- Real Estate:
-
Lease
Business Operation
- Expansion Potential:
-
All the business comes from word of mouth. They currently do not have a website and the owner has never spent a dollar on advertising. The new owner should develop a website and put in place a marketing program.
- Reasons for selling:
-
Other business interest.
- Years established:
- 20
Other Information
- Support & training:
-
The current owner is willing to train and assist in a smooth transition. The owner is willing to stay on for a longer period, which will be determined case-by-case.
- Financing available:
-
There is some seller financing available to qualified buyers.
- Furniture / Fixtures value:
- $75,000 - included in the asking price
- Inventory / Stock value:
- $250,000
