71219-Full Service Liquor & Tobacco Store

CO

71219-Full Service Liquor & Tobacco Store
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Asking Price: Get Financing: $4,000,000

Cash Flow: $269,000

Gross Revenue: $5,477,000

EBITDA: N/A

FF&E: $750,000

Inventory: $850,000

Lease Rate: N/A /SF

Established: 1963

71219-Full Service Liquor & Tobacco Store

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Business Description

Established outside of Denver, Colorado for over 50 years, this listing offers a full-service discount liquor store for liquor, wine and tobacco enthusiasts. They offer several thousand different wines which are domestic and imported, a full selection of rare and new spirits, domestic and imported beers, keg and microbrew beers from their impressive facility. The humidor room which is stocked with a wide variety of tobacco products including cigarettes, domestic and imported cigars. The company also has a Wine-of-the-Month Club where members can come in and engage in in-store taste testing of new wines, beers, and spirits. The company has a proven track record, supported by its increasing sales, revenues have grown approximately $200,000 annually over the past several years. The company’s primary marketing efforts focus on targeting individuals in the local area.

With management already in place, this company could be operated in a hands-on or absentee fashion, giving the owner the ability to enjoy a flexible schedule and as much control of business activities as desired. With a large customer base and solid reputation, the company continues to attract new customers while maintaining its reputation with existing ones. Owner financing may be negotiable for the right buyer. Please contact IAG for full details, including location specifics.

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
N/A
Lease Expiration:
N/A
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
The leased 21,000 square foot facility has 14,000 square feet as a retail sales floor with another 7,000 square feet upstairs used for offices and storage. The spacious facility stores products at room temperature or in refrigerated display cases. More photos of this prime highway situated facility available upon request.
Support & Training:
While the owner is approaching retirement, the rest of the staff will most likely be willing to stay on after the sale.
Reason for Selling:
Approaching retirement.
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IAG Buyer Division

Business Listed By:
Buyer Division

IAG

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