Cash Flow $210K - Sales $1 Million+ - Knoxville TN

Not Disclosed, TN
Hamblen County

Asking Price: Annual Revenue:
$495,000 $1,030,000

Food & Beverage: Liquor Stores

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RE: Cash Flow $210K - Sales $1 Million+ - Knoxville TN Broker: Jill Taylor

Quick Facts

Asking Price: $495,000
Annual Revenue: $1,030,000
Net Profit: Not Disclosed
Cash Flow: $210,000
Total Debt: Not Disclosed
FF&E: $20,000
Real Estate: Not Disclosed
Year Established: 1969
Employees: 1
BBN Listing #: 448856259
Broker Reference #: 343-L

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Business Overview:

Well Established Liquor Store. 40 Year Old Location. Consistent Sales $1 Million+ and Growing. Sales Margins 30%. Owner Operator Business With 1 Part Time Employee. Sales: Liquor 90%, Other 10%.

Free Standing Building. 1,800 Square Feet on .6 Acres+/-. Good Signage, Visibility and Parking. Long Term Lease Available. Located on a busy highway. Verifiable Books and Records. Possible SBA Loan.

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NO RESIDENCY REQUIREMENT For Liquor Store Buyers in Tennessee.

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Property Features and Assets:

Free Standing Building on Busy Street. Long Term Lease. Good Location.

Market Competition and Expansion:

Add an ATM, Check Cashing and Liquor Tastings on a Regular Basis -- all will increase traffic in the store.

Reason for Selling:

Other Business Interests.

Additional Details:

  • The property is leased.
  • The owner is not willing to train/assist the new owner.
  • This is not a homebased business opportunity.
  • This is not a franchise resale opportunity.

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