Business for Sale Overview:
When you compare all figures this is really more than a realistic purchase – broad C liquor license valued at $300,000 – Pub/liquor store now showing over $250,000 new cash flow, equipment at $70,000 – all for the fantastic price of $485,000 – less than 2 times the true cash flow. Buying a business that news over $250,000 in $110,000 that’s how figures represent this purchase. Liquor store concept fairly new. Store has 12 car parking in own lot plus all parking needed on surrounding street. No visible competition (liquor store) in area. Place is extremely successful and operates semi-absentee. Owner is also landlord and would give buyer excellent 20 year lease. Pub does over $17,000 – on St. Patty’s Day. New owner to increase sales and new profit can do many innovations – sell cigarettes and fast food, put in lottery (present owner has applied for it) plus delivery. Pub busy every night although there area no specials nightly. Rear of pub being reset for a 3 walled liquor store set with shelving – no liquor store to the north of this highway located facility for several miles. Easy to pick up many new customers because of it’s easy access location. Seats 20 at bar plus sittings at tables near bar. Has game machine, ATM, Juke Box for extra income. This place will talk you into the sale by going into it in the evening.
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.
Market Competition and Expansion:
Competition:
Only one D license within this town and that store not on highway – delivery, lottery, and cigarette sales will add to volume.
Expansion:
As above lottery (applied for, cigarette sales and delivery will increase customer number there is room for fast food kitchen also increasing Pub restaurant that goes from day to day without any specials – except for Sunday.
Reason for Selling:
Owner has too many businesses – selling them off.
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.
Resources: