Owner Financing is Available
Business for Sale Overview:
Income to Owner $151,022, with steady cash flow. Revenue over $1,300,000 for the last three years. You can buy this business for $459,000. Established in 1990, this is absolutely the best Liquor Store in the area… an upscale, recession-proof Liquor Store, located in a premier Publix Shopping Center in one of the most spectacular areas of Tampa Bay, with plenty of parking. This Liquor Store in the heart of the county’s most heavily driven area. This busy Liquor Store is surrounded by hundreds of businesses, and some of the county’s most upscale and wealthiest neighborhoods, condominiums, and apartments. This well-established Liquor Store has an outstanding reputation for its service and selection of hard to find and rare items. Sales for 2010 were almost $1 million, with additional lotto sales of over $479K, with a net over $135K. This Liquor Store is easy to operate and maintain, this Liquor Store has a POS system in place, with 2 cash registers, as well as a new, state-of-the-art security system, which the owner can monitor from home. It has been newly refurbished, well organized, and looks fabulous. This is a great opportunity to own an easy to operate, recession proof business. Owner will finance a portion of the total purchase price and will finance the inventory for a qualified buyer. Serious inquiries only. To receive more information about the business, you must submit a financial statement with proof of funds to qualify. For additional information email info@vrclearwater.com or call 727-499-6500.
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.
Property Features and Assets:
The store is located in a premier Public shopping center operating in 1,559 square feet at the same location since 1994.
Lease expires July 2011
Base rent is $2,834.78 plus $1,416 in CAM charges.
Lease escalates 3% per year
All inside repairs and air conditioner are the responsibility of the owner.
$2,000 business transfer fee and a deposit of $1,818.
A full list of Fixtures, Furniture & Equipment is available to a qualified buyer who has signed a confidentiality non-disclosure agreement with Business Ventures of Tampa Bay Inc.
Market Competition and Expansion:
The store has only advertised twice during the holidays.
A new innovative, energetic buyer could develop an aggressive marketing/advertising plan through direct mail, Shopping Center flayers, and coupons targeting the surrounding neighborhoods and local area business, heightening awareness and incentive's more customers to come to the store. This could potentially tap into a greater source of customers driving revenues upward increasing profitability.
A new web site with state-of-the-art organic SEO (Search Engine Optimization) capabilities and on-line coupons could reach other customers increasing cash flow.
Reason for Selling:
Family
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 a franchise resale opportunity.
- This is not a distressed business or bankruptcy situation.
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