Fantastic Opportunity! $1.7 Mil. Sales Don't miss this Two in One.

Memphis, TN (Shelby County)

Liquor Best

Asking Price:$675,000

Cash Flow:$190,000

Gross Revenue:$1,700,000

EBITDA:N/A

FF&E:$100,000

Inventory:$200,000*

Established:1950

*not included in asking price.

Fantastic Opportunity! $1.7 Mil. Sales Don't miss this Two in One.

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Business Description

Rare Turn-Key Opportunity!
Great store with great reputation. Locally owned, owner born and raised in the area. Operation is all employee run. Owners do the paperwork whenever they are not traveling.
Truly, if you are looking for an Ideal Liquor business, check this out.
This offering is for for Two Businesses. 1. Liquor store and 2. Tobacco and Beer Store. You should be able to easily convert it to one operation to avoid redundancy. There is a shared wall. New law change in TN now allows Liquor stores to sell Beer etc .
So you have an option to either convert it to one operation or leave it as it is now.
Additional income from Lotto and Check Cashing.
So Essentially you are buying two businesses for one price.
Before you ask, owner will not sell just one Business.

Detailed Information

Inventory:
Not included in asking price
Employees:
6F 3P
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Free Standing. On a Safe Busy Street. Well Maintained. Great Lease Terms. 3000 + SqFt
Competition:
Protected area. Currently no new stores can open in the area. Biggest store in that market.
Growth & Expansion:
Consolidate both operation into one easily as they share a common wall. Avoid a lot of duplicate costs.
Support & Training:
Owner will stay during a transition period to train a new owner and ensure a smooth transfer
Reason for Selling:
Retirement

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Sammie Riar

Business Listed By:
Sammie Riar

Conquest

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