Did you know that BusinessBroker.net provides a large Franchise & Business Opportunity Directory that allows our users to search through hundreds of full color web brochures and to request free additional information via email? Visit our Franchise Directory today or take a look at our Featured Franchise & Business Opportunities. Buy a franchise today!
Business For Sale
LIQUOR STORE WITH REAL ESTATE
|
Asking Price: |
$125,000
USD USA Dollars
|
|
Business for Sale Industry: |
Food & Beverage: Liquor Stores
|
|
Reason for Selling:
|
Manager is getting married and will be relocating |
|
Year Established:
|
1969 |
|
# of Employees:
|
1 |
|
Yearly Gross Income:
|
$340,000 |
Business for Sale Overview:
Convenient neighborhood and transit store located on very busy secondary road near Route 84 entrance. Also within a short distance of major shopping mall and heavy new commercial shopping development. The current owner bought the business & Real Estate. in April of 2007 and converted half of the storage room to nice retail area. The manager is sole employee and has a stake in the store; they probably lose some sales at busy times with only one person. A new owner could bring on a part-timer to increase sales on Friday and Saturday nights. Sales volume is estimated.
Selling price for business is $150,000 plus inventory of approximately $95,000. Real Estate selling price is $325,000. Owner financing is negotiable.
Property Features and Assets:
Free standing building with 2-3 room apartments on the second floor. 2,153 square feet total. 1,337 on first floor with 2 apartments on second floor at 816 square feet. Adequate parking for 8-10 cars. Lease available for $1,800 per month for liquor store, or buy the real estate for $325,000.
Market Competition and Expansion:
A few years ago, the owner before the last one, the store did over $600,000. The last owner ran down store to under $300,000 per year. Run by current owner since May ‘07, the store did $400,000 in past year. The first thing to do is to hire a Part Time employee. They only have 1 person and are probably losing sales when busy.
Additional Details:
- The property is owned.
- The owner may be 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.
« Previous Results »
« New Search »
To contact the seller of this specific business for sale please complete and
submit the following form.
| Please provide any additional
details: |
|
* Indicates required field.