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Liquor Store and Lounge

Melbourne, FL

Seller Financing Available

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Asking Price:$1,500,000
Gross Revenue:$2,948,718
Rent:$8,459.73/Month
FF&E:$350,000
Cash Flow:$346,512
Inventory:$275,000
EBITDA:$199,088
Established Year:2012
Listing ID: 2275531Listing provided by BizBuySell
BUSINESS DESCRIPTION

Quality Wine and Spirits combined with an adjoining peaceful lounge setting with food and fun for all. Featuring live music every Friday and Saturday night. This combination of a full liquor store with an adjoining lounge offers the best of all worlds for a robust, active, profitable business. This business is located in a high income area of Brevard County (Central Florida) with a great following. This Company was established in 2012 . Liquor store hours are M-Sat 9am to 9pm, Sunday 10 to 8pm.- Lounge open 7 days a week from 11:00am to 2:00am. Price does not include 4COP liquor license ($440k estimate) or inventory ($275k estimate).

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DETAILED INFORMATION
Location
Melbourne, FL
Inventory
Not Included in asking price
Real Estate
Leased
Building SF
3,825
Lease Expiration
01/04/2029
Employees
25
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Situated in the affluent area of Brevard, this business offers a unique dual experience: a liquor store and a lounge that complement each other seamlessly, catering to a loyal clientele. The liquor store is thoughtfully organized, featuring a storage room with additional offsite storage available. The lounge is seasonally decorated and event-focused, boasting a stage for live bands that perform every Friday and Saturday night.
Competition
There are only four liquor store/lounge stores in Brevard County.
Growth & Expansion
The area contains high income neighborhoods that are well established.
Financing
The Seller will consider financing the transaction with a 25% down payment with 10 yr
Support & Training
Seller will the available for training for a negotiated period of time.
Reason for Selling
Retiring
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Kent
Cooper MAMI CBI CCIM CMAP CVA
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Kent Cooper MAMI CBI CCIM CMAP CVA
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