Seller Financing Available

Asking Price:

$445,000

Gross Income:

$1,000,000

Cash Flow:

$146,000

FF&E:

N/A

Inventory:

$200,000.00 **

Real Estate:

N/A

Year Established:

1980

Employees:

3

Business Type:

Liquor Stores

** not included in the asking price

Business Description

- Located at major strip mall on Main St.

- 25 years old wine liquor business. Current owner has operated 10 years for honorable retirement.
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- Average annual net sales of $1 mil (sales tax not included)

- 1,600 sft store with 10 year lease

- Business Hour: 10 - 10 Mon-Sat, Noon-7 Sun

- Wine 35%, Liquor 35% and beer 30% with average gross profit of 30%.

- Lotto commission: $37,000 and Atlantic City bus ticket commission: $6,000

- Average Annual Gross Profit: $350,000 including commissions.

- Average Annual Operating Expenses: $204,000

- Average Annual Net Profit: $146,000 including lotto and bus ticket commission.

- Inventory: $200,000 financed by seller at 7% interest for 5 years.

- Asking Price of Business: $445,000

Due to heavy volume of calls, you are strongly recommended to email/fax broker BCA first, then broker will email you the fact sheet of the business.

Detailed Information

Financing:

Inventory

Reason Selling:

Retirement