Owner Financing is Available
Business Overview:
This business operates with a # 9 Liquor License. One of the key features of the business is its Drive-Through Window, which generates approximately 60% of the revenues. The store is very clean and attractive and was refurbished 3 years ago. It also enjoys a strong repeat business with a supportive neighborhood. New customers increase daily revenues, which accounts for the increase in sales. This Corner location on a major north-bound street is very accessible due to the multiple curb-cuts. Owner works part-time amounting to 10 to 15 hours per week, most of which is outside the store. The store has five trained and friendly employees. The store is approved for the Arizona WIC program and does a minor amount of business in this area due to lack of marketing. In addition, the store has an ATM machine and Smoke Shop. The above “below market” asking price reflects the 20% to 25% decrease in the store's sales in 2009 and the Seller’s sincere motivation to sell the store. This decline in 2009 revenues is the result of the owner’s serious health issues.
Disclosure:
This business is being marketed for sale by Michael C. Abbinante, of Abbinante & Co. Michael C. Abbinante is a licensed real estate broker in the State of Arizona.
For more information regarding this listing please contact us by completing the "Contact the Seller" form to the left. We look forward to hearing from you.
Property Features and Assets:
Very spacious 3,000 square feet freestanding brick building with large 9 Door Walk-in cooler. Has large well-lit parking lot. New air conditioner. 9 security cameras with DVR and remote viewing. Long term lease with first option to purchase. Rent is less than $3,000 per month.
Market Competition and Expansion:
Currently the store does not offer: Check Cashing, Lottery or Money Orders. These three product offerings, if added, would greatly impact sales and profit.
Reason for Selling:
Retirement.
Additional Details:
- The property is leased.
- The owner is willing to train/assist the new owner.
- This is not a homebased business opportunity.
- This is not a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.