Asking Price:

$100,000

Gross Income:

$290,883

Cash Flow:

$42,879

FF&E:

$40,000.00 *

Inventory:

$50,000.00 *

Real Estate:

N/A

Year Established:

1976

Employees:

N/A

Business Types:

Liquor Stores
Miscellaneous Retail

* included in the asking price

Business Description

Located in a well established residential area in Southwest Houston. There are no major liquor store competitors in a one mile radius of the store. Product sales mix is 60% liquor, 20% wine, 15% beer, and 5% other items. Credit Card sales make up 65% & cash is 35% of total sales. 75% of new customers come from referrals. Store has excellent street visibility and the appearance is open, clean and bright. All equipment is in working order including the 8-door walk-in cooler and 4-door beverage cooler. Price includes $50,000 of inventory. Seller has medical condition that requires he sell and he is very motivated. Owner is willing to assist buyer with operations training to ensure a successful transition. Please refer to CBB Listing #7501DA

Detailed Information

Facilities:

2400SF facility in shopping center

Growth/Expansion:

Area is expected to improve with the economy. Local promotion is also valuable.

Support/Training:

Seller will train to ensure successful transition.

Reason Selling:

Medical condition related to heart

Broker Information

Rose Stabler

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