Well Established Liquor Store For Sale

Not Disclosed, SC Spartanburg County

Asking Price: $200,000

Annual Revenue: $567,275

Food & Beverage: Liquor Stores

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RE: Well Established Liquor Store For Sale
Contact: Eli Tatem

Owner Financing is Available!

Owner Terms: $50,000 Interest: 8% Term Months:24 Monthly Payment: $2261.36

Quick Facts

	Asking Price:	$200,000
	Annual Revenue:	$567,275
	Net Profit:	Not Disclosed
	Cash Flow:	$115,673
	Total Debt:	Not Disclosed
	FF&E:	$17,125
	Real Estate:	Not Disclosed
	Year Established:	1972
	Employees:	2
	BBN Listing #:	600151471
	Broker Reference #:	52661-953868

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Business Overview:

Own this Profitable Liquor Store with in an extremely busy location, where the current owners easily earn over $100k each year. The industry is strong, the product is popular, and the rent is excellent.

Thousands of cars pass this location everyday. The store has been around for 50 years and is well known. This store is perfect for an owner operator looking to make six figures, and who is comfortable with customer service and who understands retail. The advertising budget is next to nothing and provides an excellent opportunity for growth. The equipment is in good working order, and the inside of the store is organized very well.

The seller is willing to finance a portion of the business purchase price for qualified buyers.

The Inventory is sold separately and is valued at about $305,000.

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Property Features and Assets:

Large Parking Lot with Great Exposure, Front Showroom and Back-of-house storage

Market Competition and Expansion:

Expansion: Advertising is one of the largest potential growth strategies. The current owners do not advertise at all and do not have a website. Both of these could improve sales. Competition: The location is very busy and popular. This store is surrounded by other popular businesses and sells products at a competitive price due the experienced ownership.

Reason for Selling:

Retiring

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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