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Business For Sale
LIQUOR/CONVENIENCE , GREAT LEASE!
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Asking Price: |
$550,000
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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Moving out of country. |
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Year Established:
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1975 |
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# of Employees:
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4 |
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Yearly Revenues:
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$1,000,000 |
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Yearly Cash Flow:
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$166,710 |
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Yearly Gross Income:
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$307,300 |
Business for Sale Overview:
The store is 6,000 square feet. Rent is $4,000/mo. for 2 1/2 years, then $4,200/mo. for 5 years, $4,500 for the next 5 years and $4,900/month the final 5 years. They sell beer, wine, liquor, groceries, produce, deli and lottery. Deli is 13% of non-lottery sales.
Property Features and Assets:
Located in a small strip of stores on a numbered road. Store has a 10 door and 7 door walk-in coolers.
Market Competition and Expansion:
Average competition. Store will receive a screen for Keno later this year. Then they will add seating for Keno. Can add a franchise in store or increase the present selections.
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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