New liquor store and coin laundry combination for sale. Both stores opened in July of 2023. Coin laundry is open 24/7 and is operated by the employees of the liquor store. Liquor store has a manager that comes in early to provide wash & fold service before the liquor store opens. Liquor store has been operating at an average gross profit margin of 30%. Owner oversees the operation and places the liquor orders spending approximately 4 hours per week on the business. Financials are 2024 conservative projections based on July-Dec 2023 and Jan - Feb 2024.
- Asking Price:
- $475,000 Furniture / Fixtures and Inventory / Stock included
- Sales Revenue:
- $550,075
- Cash Flow:
- $50,343
Property Information
- Real Estate:
-
Lease
- Location:
-
Excellent location on a busy street with plenty of parking.
- Premises Details:
-
Liquor store is 1,625 sq.ft. with a drive through and coin laundry facility is also 1,625 sq.ft. Located next door in a strip center. Building was built in 2022.
Business Operation
- Competition / Market:
-
No nearby competitors for liquor. Beer and wine is sold at gas stations and grocery stores.
- Reasons for selling:
-
Relocation
- Employees:
- 3
- Years established:
- 1
Other Information
- Support & training:
-
Current owner will provide training for a negotiable period of time.
- Inventory / Stock value:
- $100,000 - included in the asking price
