Established Profitable Liquor Store

Rifle, CO
Garfield County


Asking Price: Annual Revenue:
$800,000 $2,800,000

Retail: Non-classifiable


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RE: Established Profitable Liquor Store Broker: John Hornblower
License #: ER1000051568

Quick Facts

Asking Price: $800,000
Annual Revenue: $2,800,000
Net Profit: $274,000
Cash Flow: $274,000
Total Debt: Not Disclosed
FF&E: $74,000
Real Estate: Not Disclosed
Year Established: 2003
Employees: 12
BBN Listing #: 978155234
Broker Reference #: Liquors1

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Business Overview:

One of the largest liquor stores in semi-rural Colorado, prominently and strategically located, offers easy cash-flow to an owner-operator or to an absentee-owner. The seller also owns the underlying real estate and would extend a right-of-first refusal on the underlying property, with the intent to sell the property 3-5 years following the sale of the business. The property would rent to the new owner at $16/square foot/year plus expenses (taxes, utilities, insurance, etc.). The building is 8,000 square feet. The business currently carries approximately $500,000 in inventory, at cost, which would be added to the purchase price, so the total purchase price would be $1,300,000.

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Property Features and Assets:

Located very near a large retail complex with major chain stores, the facility has high ceilings and ample parking, off a main thoroughfare with high traffic.

Market Competition and Expansion:

This is the largest and most competitive liquor store within a 20(+) mile radius.

Reason for Selling:

Retiring

Additional Details:

  • The property is owned.
  • The owner is 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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