Established & Successful Liquor Store w/ Drive Thru - Best Location!

Lexington, KY (Fayette County)

Established & Successful Liquor Store w/ Drive Thru -  Best Location!
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Asking Price: $550,000

Cash Flow: $160,067

Gross Revenue: $977,872

EBITDA: $158,096

FF&E: $75,000

Inventory: $80,000*

Rent: $4,020 /Month

Established: 1957

*not included in asking price.

Established & Successful Liquor Store w/ Drive Thru - Best Location!

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Business Description

Established & Successful Liquor Store w/ Drive Thru - Best Location!

Located in the heart of Lexington, Kentucky, literally in the shadow of the University of Kentucky, this is an outstanding location with a very well-established clientele.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,500
Lease Expiration:
12/31/2022
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
A very well located facility in the heart of Lexington, with significant foot traffic.
Competition:
This is an unbeatable location with very limited area competition.
Growth & Expansion:
There are growth possibilities in many areas of the business. The biggest area of opportunity would be the addition of new product lines, pricing adjustments, lottery sales, and check cashing services. The current real estate footprint would allow for these high ROI enhancements.
Support & Training:
The owners will provide two weeks, or an other negotiated training period.
Reason for Selling:
The owners are retiring.
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Spencer Houlihan - -Kentuckybusinessbrokers.com

Business Listed By:
Spencer Houlihan

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Sponsoring Broker:
Mike Feinman, Managing Partner

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