Liquor Store with living quarters on premises UNDER CONTRACT

Hugo, CO (Lincoln County)

Liquor Store with living quarters on premises UNDER CONTRACT

Asking Price:$159,900

Cash Flow:N/A

Gross Revenue:$142,000

EBITDA:$20,800

FF&E:N/A

Inventory:N/A

Established:1976

Liquor Store with living quarters on premises UNDER CONTRACT

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Business Description

Fantastic Business Opportunity in Eastern Colorado

A great business opportunity for someone looking to have a solid income with a lot of great growth opportunity. The sale price includes a 3 bed 2 bath modular home located on the property next to the store. Fantastic growth opportunity as it is the only liquor store in town and draws from a large area. Owners are motivated and willing to negotiate. May also be willing to split the property into two parcels.

Detailed Information

Employees:
1
Facilities:
A great business, located in Eastern Colorado with a great upside. A liquor store with 38+ years in the same location owned by the same owner. Included in the purchase price is a 3 bedroom 2 bath modular home sitting next to the property. The store itself is 1240 sq feet and has a classic design, with all of the neon lights in working order. Owners are motivated and willing to negotiate. May also be willing to split the property into two parcels.
Competition:
This is the only store in the community and has the potential of growing.
Growth & Expansion:
Additional sales opportunities exist
Support & Training:
The owner is willing to help with the succession of the management of the store.
Reason for Selling:
Retirement

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Timothy Andersen

Business Listed By:
Timothy Andersen

Gordon Real Estate Group

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