Liquor Store, Property, Inventory - Price $597,700; SBA Loan Approved

Eastland County, TX
listing image
Asking Price:$297,700
Gross Revenue:$700,000
FF&E:$30,000
Established Year:1954
Cash Flow:$133,400
Inventory:$150,000
Real Estate:$150,000
BUSINESS DESCRIPTION

Established Liquor Store. 73 Year Seller Retiring; Current Owner 15 Years. No Immediate Competitor; Property Offered at Market Value. 10,500 Square Feet on .31 Acres+/-. Excellent Visibility, Signage and Parking. Well Merchandised Liquor Store. Good Social Media Presence.

Sales $700,000+/-. Sales Margins 22.6%. Sales By Department -- Liquor 85%, Beer 10%, Wine 5%. Owner Operator Business with 1 Employee. Add Delivery, Lottery, ATM and Wholesale Business -- All will Increase Revenues in the Business.

Excellent Package Price: $597,700. Business Priced at Only 2.2 Times Cash Flow. SBA Loan Down Payment Required: $125,000+/-

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Complete the " Contact Seller" information on this Page. We cannot provide further information by Telephone, until this information is completed. Upon receipt, we will provide the Business Summary Profile, Financial Information and the Address. You may visit as a "Silent Shopper" or view on Google Maps.


DETAILED INFORMATION
Location
Eastland County, TX
Inventory
Not Included in asking price
Real Estate
Owned
Building SF
10,500
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Large Retail Store 10,500 SQ. Excellent Signage, Visibility and Parking. Sits on .31 Acres+/-
Competition
No immediate Competitor.
Growth & Expansion
Expand Product Lines in the Business. Add Delivery; Monthly Liquor & Wine Tastings with Entertainment will Increase Traffic and Sales in the Business.
Financing
The SBA Has Already Approved This Business. Loan Ready to Go.
Support & Training
Seller will provide a thorough training period to insure a smooth transition for Buyer, Staff and Clientele.
Reason for Selling
Retirement.
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Carol Jordan
Mainstreet Business Ventures
Carol Jordan