Kentucky Liquor Store With Real Estate. Sales $500,000 & Growing
Boyd County, KY
| Asking Price: | $160,000 |
| Gross Revenue: | $500,000 |
| FF&E: | $30,000 |
| Established Year: | 2021 |
| Cash Flow: | $75,000 |
| Inventory: | $125,000 |
| Real Estate: | $375,000 |
Listing ID: 2306945Listing provided by BizBuySell
BUSINESS DESCRIPTION
Excellent Business. Annual Sales $500,000 and Growing. Offered with Real Estate. Attractive Free Standing Building (2500 SF on .75 Acres). Excellent Signage and Parking. The Property is Offered at Market Value. SBA Loan Available for a Qualified Buyer.
The Store is Well Merchandised. Attractive Sales Margins 30%. Gaming Revenue is not included in the Annual SALES. The business is well known, as it was the first liquor store allowed, in this formerly Dry County.
Growth Opportunities Include: Lottery, ATM, Delivery, Tobacco, Credit Charge Fees to Customer; Upgrade Social Media Presence. Ideal Business for a Husband/Wife Team. SBA Lender in Place.
Email for additional information for Listing #889.
DETAILED INFORMATION
Location
Boyd County, KY
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
2,500
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Turnkey Business -Ready for New Owner. Includes Business Goodwill, All Furniture, Fixtures and Equipment. and Real Estate.
Competition
The demand for Alcohol Products is very good, even in a inflationary economy. Alcohol - One of the few consumer products that surged in sales since the 2020 Pandemic.
Growth & Expansion
Add Other Revenue Streams . . .
ATM, Lottery, Tobacco, ATM.
Pass Credit Fees to Clientele. Now a "customary" practice in restaurants, convenience stores and liquor stores.
Delivery.
Enhance the Social Media Presence of this Business.
Financing
SBA Loan for Qualified, Experienced Buyer.
Support & Training
Seller will provide thorough training to insure a "smooth" transition for the Buyer, Staff and Clientele.
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