Seller's Contact Information
- RE: Very Profitable Denver Liquor Store
- Contact: Robert Minor
- License #: 1323252
Quick Facts
Asking Price: | $577,000 | |
Annual Revenue: | $1,616,709 | |
Net Profit: | Not Disclosed | |
Cash Flow: | $194,742 | |
Total Debt: | Not Disclosed | |
FF&E: | 24,000 | |
Real Estate: | Not Disclosed | |
Year Established: | 1992 | |
Employees: | 4 | |
BBN Listing #: | 35711101 | |
Broker Reference #: | Not Disclosed |
Business Overview:
This is an established liquor store that changed hands about 2 years ago. The new owner has increased sales by over 30%, has shown growth nearly every month and has dramatically raised the bottom line. It is a clean well-presented store that has real followers. The value of each purchase has increased as has the daily customer count. The store has an App and agile website marketing. This store competes extremely well compared to all the other current Liquor Stores listed for Sale in Denver on both top line relative to asking price and bottom line multiple. This is a Great Opportunity for a buyer wanting the best opportunity to buy momentum, reputation and a smooth transition. The current owner’s historical business of 20 years has demands that have taxed his ability to manage both. It was not his expectation but it has become his reality.
A word about use of proforma numbers – The proforma numbers are based on actual 8-month P&L figures which will be available to qualified prospects. They are updated monthly, and they show gains every month. The proforma numbers may turn out be quite conservative based on YOY and month to month growth.
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Reason for Selling:
Owner’s primary business needs him full time.
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
Documents:
Relevant Links:
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