Knoxville Area Liquor Store - Sales $786,000+ - Only $120K

Roane County, TN

Knoxville Area Liquor Store - Sales $786,000+ - Only $120K
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Asking Price: $120,000

Cash Flow: $87,000

Gross Revenue: $786,000


FF&E: $25,000

Inventory: $190,000*

Established: N/A

*not included in asking price.

Knoxville Area Liquor Store - Sales $786,000+ - Only $120K

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Business Description

Well Established Liquor Store. 50 Year Old Location. American Owned Business. Free Standing Building - 2000 SQ. FT. Located on a Major Highway Off Busy Interstate. Excellent Owner Operator Business With 2 Experienced Employees. Business is priced at only 1.3 times Cash Flow!!

Sales Margins 22%. 2018 Sales Up 15% Over 2017. Liquor accounts for 79% of all Sales.Good Books and Records. Possible SBA Loan. Good Lease With Options. No Lottery, Check Cashing or ATM.

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Detailed Information

Not included in asking price
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Nice Looking Free Standing Building on Busy Highway. Good Signage, Visibility and Parking. Long Term Lease with Options. Reasonable Rent.
Growth & Expansion:
Add the Lottery, Check Cashing and a ATM, and traffic in the store will increase. Good Location for Wine & Liquor Tasting Events!
Possible SBA Financing.
Support & Training:
Seller will provide thorough training.
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(from currently available funds)
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Jill Taylor

Business Listed By:
Jill Taylor

Tidewater Associates

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