Liquor Store Established For Over 30 Years.
Austin, TX Williamson County
Established for over 30 Years
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- RE: Liquor Store Established For Over 30 Years.
- Contact: Sunil Z.
- License #: 616099
Quick Facts
| Asking Price: | $225,000 | |
| Annual Revenue: | $718,000 | |
| Net Profit: | $65,000 | |
| Cash Flow: | Not Disclosed | |
| Total Debt: | Not Disclosed | |
| FF&E: | $50,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1988 | |
| Employees: | 1 | |
| BBN Listing #: | 59844926 | |
| Broker Reference #: | 23395 |
Business Overview:
Established 35-year-old liquor store located in a busy shopping plaza with ample parking.
Currently the owner operator has an employee, but a husband-wife owners can run the business without employees.
Also, a great additional location for someone who is already in the retail liquor business.
The owner has installed an advanced POS system that does inventory control and tracks mark ups and sales data. Lottery and Cigars can be added to increase sales.
The seller is motivated and looking for an all-cash transaction but is open to some financing.
$200,000 of inventory (not included in Asking Price)
6 years remaining on the lease; business has been at the same location for decades and lease renewals have never been an issue.
Sales: $718,000
Gross Profit: $250,000
SDE: $65,000
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Property Features and Assets:
2,000 Square Feet in a busy Shopping plaza with ample parking.
Market Competition and Expansion:
Established
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
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