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Business For Sale
STATE LIQUOR STORE AND DRIVETHROUGH $1.7 M SALES
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Asking Price: |
$210,000
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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Retirement |
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Year Established:
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1988 |
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# of Employees:
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3 |
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Yearly Revenues:
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$1,700,000 |
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Yearly Cash Flow:
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$45,000 |
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Yearly EBITDA:
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$45,000 |
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Yearly Net Profit:
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$45,000 |
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Yearly Gross Income:
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$1,700,000 |
Business for Sale Overview:
Be one of only 26 independent state liquor store owners in Hamilton County. The 64 year old seller of this 20 plus year old business is ready to pass his knowledge of this great business to a qualified buyer. This is located in a very safe north Cincinnati neighborhood. Breakdown of sales are as follows: Wholesale Liquor Sales $560,000, Retail Liquor Sales $604,000, Beer Sales $54,000, Cigarette Sales $12,000, Wine Sales $22,000, and Lottery Sales of $460,000. There is great potential to do much more, but the seller has run out of gas.
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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