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- RE: Liquor & Vape Store Business In Rogersville, AL
- Contact: Kavita Purohit
Quick Facts
Asking Price: | $29,000 | |
Annual Revenue: | $204,000 | |
Net Profit: | Not Disclosed | |
Cash Flow: | Not Disclosed | |
Total Debt: | Not Disclosed | |
FF&E: | Not Disclosed | |
Real Estate: | Not Disclosed | |
Year Established: | Not Disclosed | |
Employees: | Not Disclosed | |
BBN Listing #: | 994881 | |
Broker Reference #: | Not Disclosed |
Business Overview:
Favorable new Alabama law! New Alabama law mandates vape products can be sold only in Liquor stores and Vape stores and NOT in ConvenienceĀ stores!
Business is open from 9 am to 9 pm Monday to Thursday and 9 am to 10 pm on Saturday! HUGE opportunity to increase business hours to increase revenue! Business is closed on Sundays per city requirements. Ā Ā
High visibility location with direct access to main highway!
Key Financials:
Current sales are nearly $17,000 per month. Business is currently break-even because Seller has another store and does not pay any attention to this store.
Payroll is currently $4,000 per month, HUGE opportunity for owner-operator to take home additional revenue by working in-store!
HUGE opportunity to add additional revenue streams like ATM and Phone Card Commission.
Rent is only $3,000 TOTAL with 5 years remaining on the lease! Landlord is willing to negotiate new favorable terms of the lease with the buyer!Ā
Geographic & Demographic Details:
Average traffic count of 13,500 vehicles passing by the store each day!
Local population is increasing by 4%! Median Household Income is $65,118!
Close proximity to apartment complexes like Ashbrook Place, Pine Ridge Apartments, Rogersville Apartments, Elk River Village Apartments, Cedar Village Apartments, Meadowlands Apartments.
Near to restaurants like Mama Shelby's Pizza, Taco Bell, Fiesta Mexicana, McDonald's, Hardeeās, Clay's Pizza, Fat Cat Seafood & Tiger Ice, Subway, and Pizza Hut.
1 hour from Huntsville, AL! 1 hour 45 minutes from Birmingham, AL! 2 hours from Nashville, TN! 2 hours 30 minutes from Chattanooga, TN and Tuscaloosa, AL! ! 3 hours 10 minutes from Memphis, TN! 3 hours 50 minutes from Atlanta, GA!
Asking Price for Business-Only: $29,000 plus inventory! Inventory is guesstimated at $120,000 at cost. Inventory could be reduced to a lower amount.
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Market Competition and Expansion:
High visibility location with direct access to main highway!
Average traffic count of 13,500 vehicles passing by the store each day!
Reason for Selling:
Kindly ask the seller for more information.Additional Details:
- The property is Leased.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
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