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Asking Price:	$49,000 USD USA Dollars
Business for Sale Industry:	Food & Beverage: Liquor Stores
Reason for Selling:	Retirement.
Year Established:	1993
# of Employees:	1
Yearly Revenues:	$163,000
Yearly EBITDA:	$57,000

Business for Sale Overview:

This beverage store has functioned as a one-man operation for the last 14 years. Although it has been profitable, a new owner could increase revenues significantly. Store hours are somewhat limited and often inconsistent. Revenue streams include beverage sales, lotto, check cashing at 2% and money orders. Check cashing is the primary source of income for the business, but owner has declined to become licensed which prevents him from cashing checks over $1000. Busy industrial center less than a mile away offers a potential customer base. If buyer becomes licensed to cash checks, entire investment could be regained in the first year. Seller is motivated. Inventory is for sale at cost.

Property Features and Assets:

2,000 sq. ft.; rent is $1200 per month.

Market Competition and Expansion:

If new buyer gets licensed to do check cashing, there is major industry within ½ mile of this location. Just the check cashing can be a solid revenue source. Hiring help in order to keep more consistent hours of operation, and giving better customer service will significantly increase the revenues for this business.

Additional Details:

• The property is leased.
• The owner is willing to train/assist the new owner.
• The owner is not willing to work for 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.