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Business For Sale
LIQUOR STORE WITH REAL ESTATE 2 HR SW FROM CHICAGO
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Asking Price: |
$250,000
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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Relocating |
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Year Established:
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1985 |
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# of Employees:
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4 |
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Yearly Revenues:
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$480,000 |
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Yearly Cash Flow:
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$65,000 |
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Yearly Net Profit:
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$150,000 |
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Yearly Gross Income:
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$150,000 |
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Monthly Payroll:
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$4,000 |
Business for Sale Overview:
Executive Summary:
Busy neighborhood liquor store with average monthly sales of $40,000. Price includes real estate, fixtures and business. Current owner works the store himself with two other part-time employees. Real estate taxes of $1600. Liquor license is for 1:00 am but current owner stays open only until 11:00 pm on Fri.-Sat, 10:00 pm on Mon-Thurs, and 6:00 pm on Sun. These hours can and should be expanded. No ATM! No Check Cashing! A new owner could add these two services, along with longer hours of operation, and greatly grow the revenue. Broker can arrange financing with 20% percent down and past retail experience on the part of the Buyer! The sales price of $250,000 does not include inventory of $50,000, at cost. Owner will be paid for the inventory at closing. Very Motivated Seller!
Property Features and Assets:
Nice Neighborhood Location.
Market Competition and Expansion:
No Competition.
Additional Details:
- The property is owned.
- The owner is not 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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