Sales $1.1 Million - Cash Flow $137K - Only $205K

Not Disclosed, SC
Charleston County


Asking Price: Annual Revenue:
$205,000 $1,177,600

Food & Beverage: Liquor Stores


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RE: Sales $1.1 Million - Cash Flow $137K - Only $205K Broker: Jill Taylor

Quick Facts

Asking Price: $205,000
Annual Revenue: $1,177,600
Net Profit: Not Disclosed
Cash Flow: $137,000
Total Debt: Not Disclosed
FF&E: $25,000
Real Estate: Not Disclosed
Year Established: 1994
Employees: 3
BBN Listing #: 246156259
Broker Reference #: 344-L

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Business Overview:

Profitable Wine & Liquor Store. Located in one of the fastest growing areas in the US - Charleston SC. Desirable Area - Heavy Traffic - Upscale Clientele. The business is 25 years old. 2018 and 2019 Sales Up. Excellent Sales Margins. The Business is priced at only 1.5 Times Cash Flow.

The Seller works the Business, but it can be run Semi- Absentee with the Experienced Long Time Staff. Good Lease with Options. Reasonable Rent. State of the Art POS System. The business will continue in its steady course of Growth, as the Entire Low Country Area continues to grow.

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Property Features and Assets:

Attractive Store - Very Nice Storefronts. Well Merchandised. Great Location, Visibility and Signage.

Market Competition and Expansion:

Adding Entertainment with the Wine & Liquor Tastings, will increase traffic and sales.

Reason for Selling:

Retirement

Additional Details:

  • The property is leased.
  • The owner is not 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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