Liquor Store in Knoxville

KNOXVILLE, Tennessee

Asking Price $3,600,000 Year Established 2010
Annual Revenue $1,741,781 Reason for Selling Diversification. Seller has multiple businesses.  
Annual P/L $-275,488 Attention Russell Carriere
Annual Cash Flow $0 Listing Number 1005416  
# of Employees 5 Business Category Food & Beverage: Liquor Stores

Business Overview:

This liquor store business is known for its extensive selection of spirits, wines, and beers, complemented by mixers and related accessories. The business maintains consistent annual revenue, a steady customer base, and professional management in place. Daily operations are overseen by a full-time manager and trained retail staff, allowing for absentee ownership. The price of $3,600,000.00 includes the real estate with its own parking lot, delivery roll up door, and freight elevator.

Property Features and Assets:

<p>This is an owned location of 3,600. Seller is active with 4FT and 1PT employees. Hours of operation are M-THUR-9AM-9PM, F-SAT-9AM-10PM, SUN-12PM-7PM. $453,792 in inventory and $100,000 in FF&E included in the asking price. TN Liquor and Wine License required. <br></p>

Market Competition and Expansion:

Additional Details:

  • The property is owned.
  • 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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