Upscale Liquor Store; Sales $3 Million+; Cash Flow $300,000+

Iowa
listing image
Cash Flow:$317,000
Inventory:$500,000
Established Year:2022
Gross Revenue:$3,010,000
FF&E:$100,000
BUSINESS DESCRIPTION

Premier Liquor Store - Destination Location - Outstanding Business

Excellent Liquor Store. One of Iowa's Finest. The business has it all. Strong Growth Area, Commanding Appearance in Upscale Complex, and Excellent Staff in Place. Long Term Lease (15 Year) Lease in Place. The facility is 4300 Square Feet, with nice Visibility, Signage and Parking.

2024 Sales $3,010,000. Cash Flow $317,000+/-. Semi-Absentee Operated with Experienced, Dependable Staff. Sales Margins 23.6%. Excellent Books and Records. 2024 Sales Significantly Up Over 2023.

Proof of Funds Required along with a Non-Disclosure Agreement must be in place, prior to the Seller's Interview and Site Observation Visit. The SBA will require $400,000+ for loan consideration. Please email, if you would like additional information for Listing #893


DETAILED INFORMATION
Location
Iowa
Inventory
Not Included in asking price
Employees
3
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Competition
Liquor Products are in strong demand in this area. No nearby or direct Competitor.
Growth & Expansion
Add the Lottery, Liquor/Wine Tastings, and Vape Products will increase traffic in the business. Also, a stronger Internet Presence with On Line Ordering would increase revenue.
Financing
SBA Lenders Available.
Support & Training
The Seller will provide a thorough training period to insure a smooth transition.
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Jill Taylor
Tidewater Associates
Jill Taylor