Liquor Package Store & Lounge Combination

Spring Hill, FL (Hernando County)

Seller Financing Available
Liquor Package Store & Lounge Combination
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Asking Price: $1,500,000

Cash Flow: $66,413

Gross Revenue: $1,079,271

EBITDA: N/A

FF&E: $50,000

Inventory: $350,000

Rent: $5,283 /Month

Established: 1988

Liquor Package Store & Lounge Combination

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Business Description

LONG TERM SUCCESSFUL LIQUOR BUSINESS - BOTH PACKAGE STORE & LOUNGE. ESTABLISHED MORE THAN 20 YEARS AGO. PARTIAL SELLER FINANCING AVAILABLE!COMPANY TAKES PRIDE IN OFFERING EVERY TYPE OF LIQUOR IMAGINABLE FROM ALL OVER THE WORLD. YOU'LL BE TRULY AMAZED AT THE INVENTORY. LOW ESTIMATE OF $350,000 OF INVENTORY. SELLER FINANCING TERMS FLEXIBLEStore located right next to the lounge business hours 9-9 mon-sat and 9-6 sundays.

SELLER BROKER MLS FEE WILL BE CHARGED: $350

Detailed Information

Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
5,100
Lease Expiration:
9/19/2019
Employees:
9
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
5,100 SF. TWO SEPARATE BUSINESS OPERATIONS - ONE FEEDING THE OTHER. HIGH VIABILITY LOCATION IN SPRING HILL, FLORIDA.
Competition:
GROWTH OF HERNANDO COUNTY IS TREMENDOUS. BUSINESS IS GROWING AND THE INVENTORY IS MODESTLY SET A $350,000. LIKELY TO INCREASE AS THE SEASON IS CLOSER. COMPETITION IS NORMAL BUT THE REVENUES ARE NOT DECLINING.
Growth & Expansion:
INTERNET PRESENCE COULD BE A POSITIVE FACTOR. ADVERTISING HAS BEEN AT A VERY MINIMUM. OWNER OPERATOR WHO IS MORE ACTIVE WOULD BE ABLE TO INCREASE BUSINESS AND ACTIVITY.
Financing:
600,000
Support & Training:
ONE WEEK AT NO CHARGE. SELLERS HUSBAND IS WILLING TO STAY ON FOR A LONGER PERIOD OF TIME FOR A SMOOTH TRANSITION. HIS FATHER ACTUALLY OWNED THE BUSINESS FOR TEN YEARS PRIOR TO THIS OPERATION.
Reason for Selling:
OWNER OF ILL HEALTH AND BOTH HAVING DESIRE TO RETIRE.
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(from currently available funds)
 
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Robert Kodish

Business Listed By:
Bob Kodish - Business Broker

Dennis Realty & Investment Corporation

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