Price Reduced - Owner is Motivated!

Norman, OK (Cleveland County)

Price Reduced - Owner is Motivated!

Asking Price:$75,000

Cash Flow:$20,228

Gross Revenue:$575,401

EBITDA:N/A

FF&E:$32,043

Inventory:$38,900*

Real Estate:$525,000*

Established:1986

*not included in asking price.

Price Reduced - Owner is Motivated!

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Business Description

This is a super opportunity to own a profitable liquor store at a reasonable price. This very attractive liquor store is located in an upscale, busy, shopping center near a University. This is one of the nicest liquor stores you're going to see. The store is equipped with a P.O.S. system and full camera security system. This well established and profitable Liquor store is located in an attractive strip center on a near corner lot. This is a turn-key Business Opportunity! This is an excellent opportunity for someone looking to own an established liquor store in the Oklahoma City area. This Business has a distinguished history of service to the local community. The liquor store has annual sales of $575,000 in 2014 and features enough floor space for a nice selection of beer, spirits, and popular wines. This is a busy, safe, and well-lit shopping mall with pleasant clientele. All fixtures and equipment are in excellent condition. The store has good financial records. The business has a great selection of wine and carries a plethora of brand name liquors. Because of its history and longevity in the neighborhood, the liquor store has a loyal customer base, which makes this business a great investment. This business has been established for more than 25 years. This is a fantastic opportunity to buy and own a solid cash flow business that is located in a high traffic location near a large University. Name recognition, reputation, profitability, established patronage, and a great location make this offering a sound venture for the fortunate party who acquires it. The business is offered at 72,000.00 not including inventory. Inventory at the time of this writing is valued at cost by the owner to be $39,000.00.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building Sq. Ft.:
N/A
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The store is located in an upscale, highly visible area, near a busy intersection. This business operates in 2800 square feet. The retail area has 2510 square feet and 300 square feet is devoted to storage and office space. The property is included in the sale and is relatively new and in excellent condition. The rent is a reasonable at $2400.00 per month. There is plenty of parking directly in front of the store for customer convenience. The facility is equipped with a POS system and security cameras. Furniture fixture and Equipment, Inventory, and Leasehold improvements are all included in the sale.
Competition:
Customers choose this company because they offer a wide variety of products, provide great customer service, and have a great location. This business is also known for their clean environment and excellent customer service. High quality service with attention to their customer experience has built a solid and growing customer base. The store has a great reputation in the community.
Growth & Expansion:
The current owner has built this business by providing excellent customer service and word of mouth from its satisfied customers. There is tremendous opportunity for growth at this location. The current owner expects 12 months sales to be $600,000.00 in 2015.
Support & Training:
Owner will train for 2 weeks at no cost to allow for a smooth transition and is willing to consult after that time if needed. In addition, the owner is willing to consider staying on longer if needed. Key employees will most likely stay on after the sale.
Reason for Selling:
Ownership has multiple business interest and cannot allocate necessary time

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Geary Welch

Business Listed By:
Geary Welch

Murphy Business & Financial Corporation

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