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- RE: Topeka Liquor Store Asking $89,900 Plus Inventory
- Contact: Andy Cavanaugh
Quick Facts
Asking Price: | $89,900 | |
Annual Revenue: | $1,265,823 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $49,130 | |
Total Debt: | Not Disclosed | |
FF&E: | $25,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 15 | |
Employees: | 9 | |
BBN Listing #: | 940331 | |
Broker Reference #: | KS2944-AC |
Business Overview:
This is the opportunity to purchase a liquor store that has been in business for over 15 years. The owner is relocating, and while he operates the store hands-off, he would strongly prefer to sell before he moves to an owner operator or someone familiar with the industry. Given the minimal amount of time, cash offers, speed to close, and familiarity with Kansas liquor licensing will be prioritized.
The store is situated in a strip mall along one of the busiest streets in Topeka. Sales mix of 44% Beer, 39% Liquor / Spirits, and 9 % wine. Average margins ~19%.
Consistent and loyal customer base with plenty of room for growth with a hands-on Owner Operator, wholesale business expansion, and more consistent marketing efforts.
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Property Features and Assets:
The facility includes 3,840 square feet at a base rent of $4,960 per month. Triple Nets are paid in addition to the base rent and are adjusted annually based on actuals. In 2023, the total monthly rent was $8,282.82 after base plus triple nets.
Reason for Selling:
Other business interests
Additional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more Kansas businesses for sale
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