Seller Financing Available

Asking Price:

$1,200,000

Gross Income:

$2,357,500

Cash Flow:

$284,623

EBITDA:

$193,767

FF&E:

$73,000.00 *

Inventory:

$205,000.00 *

Real Estate:

N/A

Year Established:

2002

Employees:

10

Business Types:

Liquor Stores
Restaurants

* included in the asking price

Business Description

Located in a beautiful beachside resort community, with no other
retail liquor competitors nearby(1.6 miles), this very popular and
profitable liquor store & pub throws off approximately $285,000 in
annual net income and owner benefit. Annual gross sales
exceed $2,350,000. Purchase includes all FF&E, inventory, and a
Florida 4-COP liquor/package license. This offer does not include
any real estate. Non-disclosure agreement required for release of
all pertinent information.

Detailed Information

Facilities:

1,400 SF Liquor store & 2,000 SF restaurant located in well traveled shopping center.

Competition:

No retail liquor competitors nearby. Core restaurant business is driven by local patronage, as well as seasonal residents and vacationers.

Growth/Expansion:

Current food costs run approx 50%. Operators targeting industry standards of 25-28% food cost can realize an additional $195k in estimated net profit.

Financing:

Limited financing available to qualified buyer. Proof of funds required

Support/Training:

Seller will stay on two weeks

Reason Selling:

Seller retiring