Liquor Store for Sale

Memphis, TN (Shelby County)

Liquor Store for Sale
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Asking Price: $119,900

Cash Flow: N/A

Gross Revenue: $550,000

EBITDA: N/A

FF&E: N/A

Inventory: $90,000*

Rent: $3,280 /Month

Established: 2007

*not included in asking price.

Liquor Store for Sale

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Business Description

East Memphis Liquor Store for Sale

Great opportunity to purchase an established liquor store located on a major high traffic thoroughfare in one of the nicer eastern suburbs of Memphis. This is an area that generates business from locals as well as from professionals staying at nearby hotels. Business has a classic look and feel, which attracts new and repeat customers alike.. Store has wide selection of wine, spirits and beer including Kraft beer. Asking price 119,900 plus $90,000+ in inventory which is not included in the asking price. For more information, please contact 901-497-1042.

Detailed Information

Location:
Memphis, TN
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
1,335
Lease Expiration:
2/29/2020
Employees:
2
Facilities:
State-of-the-art inventory management and point of sale system that allows owner to have the ideal selection of wine, liquor and beer. All equipment is in good working condition. General store condition is great and clean. Full video monitoring system.Huge walk-in cooler to display and store wine, liquor and beer.
Competition:
No liquor store or grocery store in 2-3 miles radius. Constant flow of customers from near by hotels and neighborhood.
Growth & Expansion:
Prospective owner will have an opportunity to add tobacco products.
Support & Training:
Will provide two weeks of training.
Reason for Selling:
Owner is retiring.
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Business Listed By:
rahul saigal

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