Seller Financing Available
outside view of the store
Gross Revenue: $400,000
Rate/Sq. Ft.: $9.00
* not included in asking price.
Profitable liquor store 400k revenue, $80,000 only, low rent
Ownre financing is possible with 40k down plus inventory cost
This liquor store is for sale (business only). $80,000 only.
If your credit is good, you can get SBA financing with only $12,000 down payment. ($80,000 business cost+$40,000 inventory cost)=$120,000 total cost times 10% down required by SBA=$12,000 down. Building is not included in the sale, but you can buy it for $450,000 because it generates great rental income from 2 apartments above, kitchen lease, liquor store and billboards. Revenue is $400,000 +/- per year. I have own the store for 5 years and have manager managing it. I have been in the store only 2 times within last year. The reason why I'm selling is because I bought a bigger liquor store that is close to my office. Lease is only $1200/month with an option to extend with only 7% increase every year as long as you want. (I also own the building) Property taxes, heat and water are included in the rent. You only pay rent plus electricity and trash for the liquor store. Gross profit margin ranges from 25-27% This is a neighborhood store and most of the traffic walk in only. There is a room to grow sales, but I'm selling because I bought a bigger store closer to my office. This is a very good opportunity for owner operator. I have not been managing the store and still was able to make money. Gross profit is $100,000 +/- minus wages to cashier, rent, utilities and insurance. Become an owner of your own business for only $80,000. If you work as the cashier at the store, you will make more money. Traffic is very slow in the morning, so you could place orders in the morning or do whatever you want. The closest Liquor Store is 1.5 miles away. There are a lot of loyal customers and walk in traffic after 2pm. You can increase sales and income by buying deals from vendors, I was only buying/making minimum orders and was paying premium price for products. This is what is included in the sale: outside Liquor Liquidator sign walk in cooler all shelving security system all security cameras register with installed Point of Sale system copier/fax label printer. Will train for two weeks. You will need to change the business name. Contact Real Estate Liquidators with questions unlike many other stores that are struggling due to expansion of large liquor stores, this store makes money and tax returns show positive income and you can get banks financing or SBA financing for this store. Watch video of the store by clicking here : https://www.youtube.com/watch?v=wF48w6ERoGM Tax returns will be provided to buyer only who have proof of funds
Inventory: Not included in asking price
Real Estate: Leased
Building Sq. Ft.: 1,600
Lease Expiration: N/A
Facilities: Tax returns will be provided only to buyers that can show proof of funds!
Growth & Expansion: You can grow the sales by increasing inventory, my inventory was 60k, if you bring it to 100k you will be able to buy deals from vendors and get better pricing. I was getting only case 1 pricing, meaning that I was paying higher price for the products because I wasn't buying deals. If you buy deals, you would make more money.
Tax returns show positive income and you can get bank financing for this store.
Financing: seller's financing is available with $40,000 down payment plus inventory
Support & Training: 2 weeks support and training will be provided
Reason for Selling: bought a bigger store, this store is far away from me.
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