Liquor Store For Sale

Floyd County, GA (Relocatable)

Liquor Store For Sale

Asking Price:$600,000

Cash Flow:$150,000

Gross Revenue:$700,000

EBITDA:$100,000

FF&E:$55,000

Inventory:$150,000*

Real Estate:$500,000

Established:1992

*not included in asking price.

Liquor Store For Sale

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Business Description

Well known Liquor Store in business for 24 years. Very conveniently located between Red Lobster seafood restaurant and Convenience store with Gas Station on a busy GA Hwy 20. The store is managed by the Owner and a Half time employee. The store is located in a great neighborhood. The property is newly build.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building Sq. Ft.:
N/A
Employees:
2
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The building is 3000 square feet. Strong with cinder block and good insulation. The owner is renting 600 SF to Hair Stylist for a rent of $ 700 per month.
Competition:
Rome has around 10-11 Liquor stores. All the stores have a niche/loyal following. It is hard to get a new license as the City of Rome has strict restrictions.
Growth & Expansion:
The business can be increased dramatically. The current store does not have Georgia Lottery, ATM, Money Orders, Check Cashing, etc...
Support & Training:
The Seller is willing to train the buyer for a week. If the buyer needs more help then that can be negotiated. The operation of the business is very simple and can be learned in a week.
Reason for Selling:
The owner wants to be in different business.

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Business Listed By:
SUNIL PATEL

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