Turn Key Liquor Store & Lounge Business

Miami, FL (Miami-Dade County)

Seller Financing Available
Turn Key Liquor Store & Lounge Business

Asking Price:$750,000

Cash Flow:$300,000

Gross Revenue:$1,100,000

EBITDA:N/A

FF&E:N/A

Inventory:$350,000*

Established:1985

*not included in asking price.

Turn Key Liquor Store & Lounge Business

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Business Description

Turn Key Liquor Store Business in central Miami location, surrounded by residential buildings.. You have the opportunity to increase sales at this already profitable business by advertising (direct mail) and possibly adding restaurant , night club, or other uses at the side of the liquor store where currently their is a sport bar business.
The lease has very good terms and about 17 years left on it.
The inventory and liquor license is sold at an additional cost.

*all the info here in is based on owners estimates.

*Commission available for Brokers

Detailed Information

Inventory:
Not included in asking price
Employees:
4
Facilities:
The price includes all the business equipment, furniture, shelves, 3 central a/c systems, newly updated windows, chairs, tables, bar furniture and built in bar counter, cash registers, 8 freezers with 5 doors each. Also included is a lease at excellent terms with rent bellow market and long term options. The business location includes ample parking and a hard corner with great visibility.
Competition:
The business is in a prime location near Miami Downtown, Brickell, Gables and more. Very well established clientele with sales over $1000,000.00 a year and room for growth thru advertising or expanding the business to restaurant or nightclub. This business has liquor license 4COP* which is the best in the industry allowing for sales not only at the liquor store but also at the adjacent bar/lounge/sport bar business. *The inventory of about $350,000 is non included in this price and owner may consider financing its purchase. *4 cop license not included in the price
Growth & Expansion:
The business has great possibilties of expansion thru advertising or adding businesses to the existing sport bar. The total space is now being utilize as a liquor store (about 3000 sq ft) and sport bar (about 1000 sq ft).
Financing:
May be possible
Support & Training:
Support and Training is available
Reason for Selling:
Owner retiring

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Ibis Sanabria

Business Listed By:
Ibis Sanabria

Realty Investment Corp.

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