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Established Liquor Store - Cash Flows at $274k

Rifle, CO (Garfield County)

Knowledgeable Service at a Competitive Price
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Asking Price: $800,000

Cash Flow: $274,000

Gross Revenue: $2,800,000

EBITDA: $274,000

FF&E: $74,000

Inventory: $500,000*

Real Estate: $2,250,000*

Established: 2003

*not included in asking price.

Established Liquor Store - Cash Flows at $274k

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Business Description

Established Liquor Store - Cash Flows at $270k

One of the largest liquor stores in semi-rural Colorado, prominently and strategically located, offers easy cash-flow to an owner-operator or to an absentee-owner. The seller also owns the underlying real estate and would extend a right-of-first refusal on the underlying property, with the intent to sell the property 3-5 years following the sale of the business. The property would rent to the new owner at $16/square foot/year plus expenses (taxes, utilities, insurance, etc.). The building is 8,000 square feet. The business currently carries approximately $500,000 in inventory, at cost, which would be added to the purchase price, so the total purchase price would be $1,300,000.

Detailed Information

Location:
Rifle, CO
Inventory:
Not included in asking price
Real Estate:
Owned
Not included in asking price
Building SF:
8,000
Employees:
12
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Located very near a large retail complex with major chain stores, the facility has high ceilings and ample parking, off a main thoroughfare with high traffic.
Competition:
This is the largest and most competitive liquor store within a 20(+) mile radius.
Growth & Expansion:
With 13 years in its existing location, and at over twice the size of its nearest competitor, this business enjoys several competitive advantages that can be leveraged with a modest marketing budget.
Support & Training:
6 weeks, no cost
Reason for Selling:
Retiring
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(from currently available funds)
 
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John Hornblower

Business Listed By:
John Hornblower

VR Business Brokers Aspen, CO

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