Business Description

Income to Owner $151,022, with steady cash flow. Revenue over $1,300,000 for the last three years. You can buy this business for $459,000. Established in 1990, this is absolutely the best Liquor Store in the area… an upscale, recession-proof Liquor Store, located in a premier Publix Shopping Center in one of the most spectacular areas of Tampa Bay, with plenty of parking. This Liquor Store in the heart of the county’s most heavily driven area. This busy Liquor Store is surrounded by hundreds of businesses, and some of the county’s most upscale and wealthiest neighborhoods, condominiums, and apartments. This well-established Liquor Store has an outstanding reputation for its service and selection of hard to find and rare items. Sales for 2010 were almost $1 million, with additional lotto sales of over $479K, with a net over $135K. This Liquor Store is easy to operate and maintain, this Liquor Store has a POS system in place, with 2 cash registers, as well as a new, state-of-the-art security system, which the owner can monitor from home. It has been newly refurbished, well organized, and looks fabulous. This is a great opportunity to own an easy to operate, recession proof business. Owner will finance a portion of the total purchase price and will finance the inventory for a qualified buyer. Serious inquiries only. To receive more information about the business, you must submit a financial statement with proof of funds to qualify. For additional information email info@vrclearwater.com or call 727-499-6500.

Detailed Information

Facilities:

The store is located in a premier Publix shopping center operating in 1,559 sq. ft. at the same location since 1994. A. Lease expires July 2011 B. Base rent is $2,834.78 plus $1,416 in CAM charges. C. Lease escalates 3% per year D. All inside repairs and air conditioner are the responsibility of the owner. E. $2,000 business transfer fee and a deposit of $1,818.00.

Competition:

The store has only advertised twice during the holidays. A new innovative, energetic buyer could develop an aggressive marketing/advertising plan through direct mail, Shopping Center flyers, and coupons targeting the surrounding neighborhoods and local area business, heightening awareness and incentivizing more customers to come to the store. This could potentially tap into a greater source of customers driving revenues upward increasing profitability.

Growth/Expansion:

The Store has a reputation for excellent customer service and carries unique items that no one else offers. The store currently does not have a web site. A web site could increase sales volume through a state-of-the-art site built to attract more customers and create a virtual store. There is no marketing/advertising plan in place. Through the development and implementation of an advertising campaign the store could potentially increase revenues. The Liquor Store remains above competitors throughout the county.

Financing:

$59,000 plus inventory

Support/Training:

2 weeks

Reason Selling:

Family