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