Retail - Liquor Stores

Asking Price	$125,000	Inventory	$95,000**
Gross Income	$340,000	Real Estate	$325,000**
Cash Flow	Not Disclosed	Year Established	1969
FF&E	N/A	Employees	1

* included in the asking price

** not included in the asking price

: Convenient neighborhood and transit store located on very busy secondary road near Route 84 entrance. Also within a short distance of major shopping mall and heavy new commercial shopping development. The current owner bought the business & R.E. in April of 2007 and converted of the storage room to nice retail area. The manager is sole employee and has a stake in the store; they probably lose some sales at busy times with only one person. A new owner could bring on a part-timer to increase sales on Friday and Saturday nights. The store has lottery..

Facilities: Free standing building with 2-3 room apartments on the second floor. 2,153 square feet total, 1,337 on first floor.Recently remodelled interior and new facade on exterior. Parking right in front of store.. Lease available for $1,800/mo. for liquor store, or buy the real estate for $325,000.

Competition: Very busy commercial area with major regional shopping plazas nearby and several other liquor stores within a mile or 2 from the store.

Growth/Expansion: Three years ago, the owner before the last one, the store did $570,000. The last owner operated the store poorly ran sales down. Bought by the current ownerin April 07, the store has done $380,000 in the past year. They only have 1 person and are probably losing sales when busy. The first thing to do is to hire a P.T. employee.

Financing: Negotiable

Support/Training: Owner will advise.

Reason Selling: Manager is getting married and will be relocating this summer.