Rocky Mountain Income Property and Liquor Store

WY

Rocky Mountain Income Property and Liquor Store

Asking Price:$1,300,000

Cash Flow:$100,252

Gross Revenue:$778,000

EBITDA:N/A

FF&E:N/A

Inventory:N/A

Real Estate:N/A

Established:2006

Rocky Mountain Income Property and Liquor Store

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Business Description

RARE OPPORTUNITY TO PURCHASE A UNIQUE ROCKY MOUNTAIN INCOME PROPERTY INCLUDING A HIGHLY PROFITABLE LIQUOR STORE

Offering price provides a consistent 8% Return on Investment. The 8% ROI includes the expenses of all the current management and personnel. This 10,600+ SF historic landmark building (circa 1915) was purchased over ten years ago by the current owners. Meticulously restored and consistently maintained by these owners, the property includes an additional zoned commercial lot for possible construction, expansion, or sale. The diverse business mix in the building includes a liquor store (with full product line), other retail, office space, and a popular high-end restaurant. The property is located in an appealing Northwestern Wyoming, Yellowstone-gateway town, surrounded by world-class outdoor activities (fishing, hunting, hiking, and multiple winter sports) and an emerging western and wildlife art community.

(Additional property information and financials available upon execution of Non-Disclosure Agreement and verification of buyer's financial capacity. Marketing information is believed to be accurate but is not warranted. Buyer should conduct its own due diligence.)

Detailed Information

Real Estate:
Owned
Included in asking price
Building SF:
10,643
Employees:
1 FT / 3 PT
Facilities:
Historic, 3-story, multi-tenant building with 10,600+/- square feet of recently-renovated retail and office space situated on a .77 acre prime corner of town. Offer includes real estate (and assignment of current leases), together with ownership of successful on-site liquor store. Liquor license, fixtures and most personal property (excluding liquor inventory) included in sale.
Competition:
Established anchor tenants and a regulatory limit on competing liquor licenses create operational and cash-flow stability.
Growth & Expansion:
Offered ROI does not reflect additional rent available from two currently-vacant office spaces or income from development of adjacent lot (included with offering). Additional lot is zoned "Commercial" and ready for potential development as separate retail, office or multi-family project, or combined with existing facility for expansion. Current rental rates have upside potential at renewal.
Financing:
Commercial bank financing in place.
Support & Training:
Strong management in place and available for retention, with seamless transition, by new owner. Existing ownership group also available to assist in training and transition to new owner/management.
Reason for Selling:
Majority members planning to retire and enjoy local recreational opportunities.

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Wade Beavers

Business Listed By:
Wade Beavers

Wind River Property Group, LLC

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