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Asking Price: $1,225,000

Liquor Store Business-only in Jackson, MS!

Jackson, MS
Hinds County

Liquor Store Business in Jackson, MS!Total Net Sales for 2023 including wholesale and retail were $3,819,460.Net profit is $515,000 AFTER paying $68,640 in Payroll and all other expenses!Huge opportunity for an Owner-Operator to take home nearly $600,000 Per Year!Business is closed on Sundays!More than 250 Google Reviews with an average 4.7 stars rating!First quarter 2024 sales are up by 3.3%!Average margin for net sales is 20% for both the wholesale and retail businesses.Rent is only $8,830 per month! Lease has 19 years remaining!SBA financing available for the right credit score and down payment!Store has been in business for 20 years!The current manager and his wife want to relocate to another city and open their own restaurant. The two partners that own the current business live out of town and cannot run this business. Therefore, they are looking to sell the business.Located in Jackson, MS with a population of almost 600,000! 1 hour 20 minutes from Winona, MS! 1 hour 30 minutes from Meridian, MS! 1 hour 45 minutes from Hattiesburg, MS! 2 hours 45 minutes from Baton Rouge, LA!4 miles from universities like Millsaps College with over 630 students, Belhaven University with over 1,600 students, and Jackson Virginia College!Located in a nice area of town near a Whole Foods and upscale dining!Near to restaurants like Thai Time Thai and Sushi Restaurant, Santa Fe Grill & Bar, Spice Avenue, Starbucks, Char fine dining restaurant, Aplos Simple Mediterranean, BRAVO! Italian Restaurant & Bar, and Newk's Eatery.Close proximity to apartment complexes like The District Lofts, Highland Hills Apartments, The Advantages, The Park at Newhaven, Briarwood Park Apartments, The Pointe at Highland, The Crossings At Ridgewood Apartments, and Northpointe Village Apartments.Near a new development project that will build an additional 200 new homes, plus a grocery store and hotel. Another midtown community development is being planned for 13 single-family homes, six townhomes, and two four-plex units.Close proximity to Senior Housing development which will have 76 one- and two-bedroom apartments.Extremely high traffic count of 97,738 off of Interstate-55 and a traffic count of 10,543 vehicles passing by the store each day!Asking Price for Business-only: $1,225,000 plus inventory! Bank financing available with $450,000 down payment!This does NOT include the real estate and inventory. Inventory is paid separately from the purchase price and counted on the Closing Date. Seller has roughly $900,000 in Inventory at cost in the store.If interested, please contact us anytime with your e-mail, full name and best contact number using reply to this ad button.

Cash Flow Not Disclosed
Revenue $3,819,460

Asking Price: $2,160,000

SBA Approved, High-End Liquor Biz with/wo RE

Washington, DC
District of columbia County

Semi-Absentee | Top Notch Cash Flowing Liquor Store | Full Liquor License | Top Notch Main Street Corner PropertyLOCATION, LOCATION, LOCATIONLocated in one of DCs most desirable areas, this SBA prequalified thriving business model has been a proven success for decades and will continue that rich tradition for many generations to come with the right buyer. An unparalleled opportunity in America's National Capital with great corner property on key main street.This exclusive long successful establishment stands alone in the market, free from competition and nestled amidst the most coveted demographic imaginable.Specializing in only the finest, ultra-premium brands wide range of products, the business caters to an elite clientele, offering an experience of luxury and sophistication. What sets this liquor and wine store apart is its state-of-the-art, fully automated system and soothing ambience, allowing for effortless absentee ownership. This cutting-edge feature ensures seamless operation and efficiency, making it an attractive investment for those seeking a hands-off approach.Moreover, the store boasts the most advanced temperature-controlled storage facilities currently available in the market, preserving the quality and integrity of their exquisite collection. This attention to detail is a testament to the unwavering commitment to excellence by the owner. This turnkey solution is ready for you to step in and continue the legacy of luxury and success.This liquor and wine store is not just a store; it's a statement. It's an opportunity to own a piece of exclusivity, to be part of a select group that values the finer things in life. Don't miss your chance to invest in this rare gem, where luxury, convenience, and profitability meet.KEY FINANCIAL PERFORMANCE FACTS:2023 Sales up 25% and increasing in 25-29% in 2024.SERIOUS BUYERSAll bona fide buyers please send appropriate financials and you will have a response. This is an ideal opportunity for an experienced industry buyer to enter and grow their portfolio with the possibility of buying the business with a landmark property in DC, as well as who is looking to add another store at a prime location or who are looking to buy the first fantastic store at the right place with trophy property.ESTABLISHED SINCE: 1984Location: High Visibility Corner on Super Busy StreetBusiness Opportunity: Wines & Liquor with Short Hours, Highly Profitable SiteNet Margins: 33 % /-.Sales: $742,189.00 (Including sales tax )Yearly Revenue and Profit Trends: Steadily GrowingWine: Liquor - 60% : 40%Inventory: $98,000 (approx.) NOT included in the asking price (fast moving varieties)Long lease (5 year plus 5 year option to renew)Store size 1.195 square feetLow Monthly Rent $ 4.419 (NNN) with standard DC 3% Annual Lease increases) - 5 year lease plus 5 years option.Landlord quality: ExcellentBusiness is valued at $ 660,000.00.Property value at $1,500,000.00Note for interested buyers: Business and property can be purchased together or on a standalone basis/separately.Employees Full time 1 Part time 1MAJORITY CUSTOMERS BASE TYPE: Well established mixture of large retail, commercial, areas and visiting tourists in the area all year round. Over 90% of the business comes from established local residential areas customers (over 87 % whilte community in the area and rest high household income groups).Inventory $87,000 /-( not included in asking priced to be paid dollar for dollar at closing)No Lottery and No Check CashingKEY DIFFERENTIATOR/COMPETITIVE EDGEThanks to close proximity, Virginia commuters also often stop by while passing through on their way home, after work. The owner has long experience in the liquor business and has effectively kept operational costs under control for long years and thats how has profited stronger net margins consistently,Reason for sale: RetiringA good business for cash flowing value investors.Proof of Funds Required.Seller financing is available for inventory onlyHours of operation: MON-SAT: 12.30PM-8PM (Sundays are off)A SIGNED CONFIDENTIALITY AGREEMENT IS REQUIRED FOR THE EXACT LOCATIONFOR BUSINESS OWNERS: We represent qualified clients that are very interested in buying all types of businesses. If you have any interest in selling your business at this time or in the near future please contact us. Our buyers are already prequalified and willing to invest their time and money toward a business like yours in order to buy it soon. All communications are kept STRICTLY CONFIDENTIAL for the sale of your business.FOR INTERESTED PARTIES PLEASE CALL:PRINCIPAL BUSINESS ADVISOR/BROKER AAMER CHAUDHARY AT CELLPHONE (202) 509-3739 OR EMAILACHAUDHARY@TWORLD.COM& WE SHALL RESPOND SOON.

Cash Flow $287,403
Revenue $742,189
$ Owner Financing Available

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