Seller's Contact Information
- RE: Topeka Liquor Store
- Contact: Andy Cavanaugh
Quick Facts
| Asking Price: | $125,000 | |
| Annual Revenue: | $1,441,976 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $74,000 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $25,000 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 15 | |
| Employees: | 9 | |
| BBN Listing #: | 578628242 | |
| Broker Reference #: | KS2944-AC |
Business Overview:
This is the opportunity to purchase an absentee-owned liquor store that has been in business for over 15 years. The store is situated in a strip mall along one of the busiest streets in Topeka. Sales mix of 44% Beer, 39% Liquor / Spirits, and 9 % wine. Average margins ~19%.
Consistent and loyal customer base with plenty of room for growth with an Owner Operator, wholesale business expansion, and more consistent marketing efforts. The facility includes 3,840 square feet at a base rent of $4,960 per month. Triple Nets are paid in addition to the base rent and are adjusted annually based on actuals. In 2021, the total monthly rent was $8282.82 after base plus triple nets. Owner financing is available to well-qualified buyers.
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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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