Business For Sale

Well Established Liquor Store - Absentee Owner

Jackson, MS
Hinds County

Asking Price: Annual Revenue:
$80,000 $485,000

Food & Beverage: Liquor Stores

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RE: Well Established Liquor Store - Absentee Owner Broker: Bruce Cutting

Quick Facts

Asking Price: $80,000
Annual Revenue: $485,000
Net Profit: Not Disclosed
Cash Flow: $23,000
Total Debt: Not Disclosed
FF&E: $10,000
Real Estate: Not Disclosed
Year Established: 1991
Employees: 2
BBN Listing #: 972553837
Broker Reference #: BILOXMS001-N768

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Business Overview:

The store’s tenured General Manager has managed the store since its grand opening. A new owner-operator should improve sales and costs. The store is easy to run and labor costs are low. There is room to improve in a variety of ways. A modern Point of Sale system should replace the current “paper” system and help the new owner steer the business toward higher sales and profits. New initiatives such as advertising and Social Media Marketing should be undertaken. Prices should be updated and managed to increase revenue, margins, and cash flow. Great opportunity for a working owner to bring a few modern touches and take the store to the next level! The store is profitable and has a large customer base from the surrounding neighborhoods. Store hours are 10am-10pm Monday through Saturday. The store is located in a busy shopping center in a high traffic area with a large anchor store. The shopping center is very safe and the store is clean and organized. Parking is plentiful. This is a turnkey operation. The store is well stocked with approximately $40,000 in Inventory and $10,000 in Fixtures, Furniture and Equipment, which is included in the sale. Store has approximately 1,500 sq. ft. and rents for a low $1,900 per month. The lease has renewal options. The store’s strategic location – right in the heart of where its customers live and work – is a big part of the store’s long record of success. Its close proximity to customers gives the new owner the chance to bring the energy to revitalize the store and capture more customers and market share. Clean stores in good locations do not come on the market often and when they do, they sell very quickly.

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Reason for Selling:


Additional Details:

  • The property is leased.
  • 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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