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Business For Sale
BEER STORE - ESTABLISHED - PROFITABLE
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Asking Price: |
$229,900
USD USA Dollars
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Business for Sale Industry: |
Food & Beverage: Liquor Stores
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Reason for Selling:
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Partners want out. |
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Year Established:
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2006 |
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# of Employees:
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1 part time, 1 full time |
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Yearly Cash Flow:
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$120,000 |
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Yearly Gross Income:
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$720,000 |
Business for Sale Overview:
Check out this well-established beer store, located in a terrific neighborhood, near a university and many residential properties. Large store with great long lease. Little competition. Partners are going their own way and they need to liquidate their investment. This is your opportunity to buy an inflation proof business, unlike a liquor store. Sells imported and domestic beer, keg beer, cigarettes, lotto, some groceries, imported cigars, etc. Equipment includes 2 humidors for the cigars, 8 door walk-in cooler, 9 door cooler, ice machine, ice freezer, security system, etc. 2008 looks to gross $840,000 and net $140,000.
Inventory of $55,000 is not included in the asking price.
Property Features and Assets:
4,050 square feet, located near university. Residential neighborhood. 12 years left on lease. 5% increase every 3 years. Huge parking lot holds 30 to 40 cars.
Market Competition and Expansion:
Competition: Very little competition.
Growth and Expansion: Should easily grow 10% to 15% yearly. Could franchise.
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.
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