New Price-Profitable Liquor Store

WI

New Price-Profitable Liquor Store

Asking Price:$1,795,000

Cash Flow:$184,856

Gross Revenue:$2,967,534

EBITDA:N/A

FF&E:N/A

Inventory:$500,000*

Established:1978

*not included in asking price.

New Price-Profitable Liquor Store

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Business Description

Highly profitable established liquor store located in a high density urban neighborhood with store frontage on a busy main street. The property includes the liquor store and additional storage space which allows the owners to take advantage of purchase discounts offered by distributors. This store has a proven track record of success and profitability with over 20 years of operations in the local community and itt has a loyal customer base drawn from the surrounding neighborhood. It is a high volume store with a high-margin product/packaging mix which increases profitability. The store has minimal local competition and there are limitations on new liquor licenses in the area. Additional streams of revenue include check cashing, bus pass sales, and lottery tickets. The store is approved to accept QUEST cards and has a cash machine on site. The current staff is dedicated and knowledgeable. They are one of the strengths of the operation. The business has a high level security system throughout, a walk-in cooler with multiple doors of cooler space, multiple cash registers with scanning capability and credit card terminals, ample parking, and many relatively new upgrades to the building and operating equipment. The business opportunity includes the real estate, which offers the advantage of controlling future occupancy costs. This business is turn-key for a financially strong and experienced operator looking to expand into the area, or an investment group looking for a great business to purchase that generates strong cash flow. Inventory is not included in the sale price. The owners may consider financing for financially a strong buyer with a significant down payment.

Detailed Information

Inventory:
Not included in asking price
Employees:
8
Facilities:
Business has been established at this location for over 30 years, under current ownership for over 20 years
Competition:
Relatively limited local competition, and limited local liquor license availability.
Growth & Expansion:
New ownership can establish additional lines of product, and increase marketing
Support & Training:
4 weeks
Reason for Selling:
other business interests

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Mitchel Cox

Business Listed By:
Mitchel Cox

Transworld Business Advisors

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Memberships & Certifications:
Indicates membership in the International Business Brokers Association (IBBA). The IBBA is the only certifying organization for Business Brokers and Intermediaries who assists people in buying or selling a business.

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