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New Liquor Store In Growing Community

Middle TN, Tennessee

Retail - Liquor Stores

Asking Price $460,000 Inventory $65,000* 
Gross Income $419,662 Real Estate $250,000* 
Cash Flow $12,080 Year Established 2005
FF&E $20,000* Employees 1 ft: 2 pt

* included in the asking price

** not included in the asking price

New liquor store located in a growing community in Middle Tennessee offers someone a chance to purchase a business that is in a regulated industry from the number of competitors allowed. This investment offers the Buyer a great opportunity to take the store on to the next level after start up. Several start up and organizational expenses have been taken care of in the early stages of this business. Now the new owner can concentrate on growing the business and the profits. The current owner has been an absentee owner and relies on a full time manager. The business would be best served and be more profitable if an Owner/Manager was in place. *The numbers shown represent an average of the 2 years in business.

Facilities: The building that houses this liquor store is about 3 years old and is 1,000 square feet. The lot is some 1.37 acres and has two different entrances. It is located on a four lane street/highway with the highest traffic count in the area. The intersection has a traffic light and is the intersection that enters an industrial park. The neighboring area is made up of commercial/retail establishments and is very much a growth area.

Competition: The location and the limited number of competitors allowed in the community give the future of the liquor store a boost in itself. The location and the surrounding area make up are also great attributes to the growth potential. As the business, commercial, and industrial sectors of this community grow and have been growing, so will the opportunities for increased sales and profits increase for this business establishment.

Growth/Expansion: The liquor store building has room to expand and still maintain good access and good parking due to the size of the lot. There is also room to house more inventory and perhaps a more varied product line. This particular community has limited the number of licenses that are available and all of them are taken. The community is in a growth mode and will be a great contributor to this business considering its location.

Financing: The Seller prefers not to finance this business purchase.

Support/Training: The Seller will provide one month of training and transition for the Buyer either personally or through the current manager.

Reason Selling: Other business interests.

Business listed by

George A. Indestad

615-361-3833


Sunbelt Business Brokers


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