Retail - Liquor Stores

Asking Price	$395,000	Inventory	$135,500*
Gross Income	$957,000	Real Estate
Cash Flow	$51,950	Year Established	2003
FF&E	$158,000*	Employees	3

* included in the asking price

** not included in the asking price

This high-end wine and liquor store is one of the nicest of its kind and has the volume and profitability to prove it. Ranked one of the top stores in Mississippi. Its 3200 sq. ft. includes 800 sq. ft. for storage, bathroom, and office space - landlord has reduced rent by $6000/year. Prime location in one of the busiest shopping plazas in town, with many retail stores and nice restaurants in the immediate area. Also only a few miles away from warehouse. Pictures available. Price has been reduced in October - a great deal!

Facilities: 3200 sq. ft. of leased space. Lease is through 12/31/09, renewable for 3 years - landlord has reduced rent by $6000/year. Store is very upscale and appointed with high-end furniture, fixtures and equipment. Room for expansion at current location.

Competition: Store is in a prime location near retail stores and nice restaurants, in affluent Madison, MS. Owner has built a positive reputation and has a loyal customer base. One of the top stores in the state.

Growth/Expansion: Located in upscale, growing metro area. Prime location in one of the busiest shopping plazas in town.

Support/Training: Yes - length of time TBD. May stay on and manage.

Reason Selling: Personal reasons.