Beautiful Liquor Boutique in Destin on the Emerald Coast

Destin, FL (Okaloosa County)

Beautiful Liquor Boutique in Destin on the Emerald Coast

Asking Price:$375,000

Cash Flow:N/A

Gross Revenue:N/A

EBITDA:N/A

FF&E:$75,000

Inventory:$150*

Rate/Sq. Ft.:$10.00

Established:2013

*not included in asking price.

Beautiful Liquor Boutique in Destin on the Emerald Coast

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Business Description

Great looking liquor store right on Hwy 98, Destin FL. inside a gas st

Store sale Info
Hi
Our asking price is $375,000 for the store.
It includes: Dual purpose liquor license ($310,000 in value and going up fast).
Custom Point of sale specially designed for Liquor stores. (Bar coded and inventory controlled)$8000 in value. Fixtures,coolers, build out,shelving systems,wine racks,glass pipes and accessories in a 6'x 4' glass cabinet. 400 cigar humidor.
custom made counter and display cases, lots of priceless liquor decorations, signs and such.
Over 150,000 in inventory. (not included)
40' x 2' long led lit custom designed signs over store front. Plus 8'x 2' LIQUOR sign over entry.
8' x 6' lit sign on the gas station pillar sign on the road side.
sun blocking window advertisement dressing, 12' x 3' windless liquor flags on the side of the hwy.
Store size is 2400 Sq. Ft.
We have an office, and a storage room that 1/2 of it could be converted into a beer cave.
Our location is on Hwy. 98 (the main road true the Emerald Coast) called Emerald Coast Hwy, inside a massive Mobil gas station. With plenty of parking spots. And high traffic volume. (We get in Destin around 4.5 million visitors per year,verifiable) 3 years left on lease plus 5 year option.
Current rent is $2000/Mo.
We are here since July/2013,
price reflect return on our investment, no extra cost, in terms of earnings, or Appreciation.
This is an asset and license sale.( the three years building it to a growing functioning business is on us).
Great potential for growth. beer cave, expanding glass smoking accessories.
Let me know if you need anything else.
Ike.
Phone: 305 776 6161

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building Sq. Ft.:
2,400
Lease Expiration:
9/4/2018
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5 x 2 door coolers 1 x triple door cooler. 18 industrial shelving units,massive custom maid counter and display cases,smoking accessories glass cabinet,P.O.S system and register, 400 cigars humidor, wooden wine racks,
Competition:
our market: Summer and Winter vacationers, plus locals. we are surrounded by 3 golf communities and 2 beach communities (all year around living). No other liquor store for a mile and a half on each direction.and we are located in a busy Mobil gas station.
Growth & Expansion:
so far in three years operation steady growth around 20% annually across the board.
Financing:
lease has 5 year option.
Support & Training:
month on premise,than on phone and online
Reason for Selling:
Early retirement.
Business Website:
http://www.liquoredup.net

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Business Listed By:
Itzhak (Ike) Dvir

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