Retail - Liquor Stores

Asking Price	$150,000	Inventory	$200,000**
Gross Income	$562,000 since Dec. '07	Real Estate	lease 3,200 per month**
Cash Flow	Not Disclosed	Year Established	2007
FF&E	N/A	Employees	4

* included in the asking price

** not included in the asking price

Friendly neighborhood liquor store is a family run business. Opened in mid Nov. of 2007 continues to show a 24% gross margin and in 2008 has generated approx. 27,000 in fees from check cashing and lottery commissions.

Facilities: A first rate brick building located at the hi-traffic corner of Mt. Moriah and Ridgeway Rd. se. Opened in Nov. of 2007, all ff@e is new with sell thru glass across the front. The address is 6205 Mt. moriah Rd , Memphis, TN and is approx 2,585 sq. ft in size. Parking is for about 20 cars with additional parking available at the adjacent strip center next door.

Competition: The development of Hwy 385 has now brought city traffic further east bypassing two established liquor stores. Consumers living in the heavily populated area immediately around the store now don't pass the aforementioned locations out of theconvenience of using the bypass.

Growth/Expansion: The check cashing portion of this operation continues to grow thru word of mouth as little advertising on this trade has been spent.

Support/Training: 7-10 days and is negotiable.

Reason Selling: Owner has an opportunity in the gas/oil business in NE, US