Liquor, Wine, Beer Growler store

Snohomish County, WA

Liquor, Wine, Beer Growler store
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Asking Price: $299,000

Cash Flow: $239,000

Gross Revenue: $1,600,000

EBITDA: N/A

FF&E: $120,000

Inventory: $175,000*

Rent: $4,500 /Month

Established: 1993

*not included in asking price.

Liquor, Wine, Beer Growler store

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Business Description

Great Opportunity!!!

What does the buyer receive from this purchase? A buyer will receive an exclusive right to sell liquor in the State of Washington. With this right the buyer can enjoy the privilege of selling liquor as gas stations and convenient stores does not own this right.
What else does the buyer receive? Buyer also receive an exclusive right of wholesaler permit to sell directly to restaurant and bars. 25%-30% of sell are from local restaurant and bars. Each year sell has an increased of approx. 12-15%.
This is a perfect business for a family owned-operated looking for a profitable business and with long term lease available. The retail store is over 4700 sq. ft. and conveniently located at the heart of downtown. Financial report is available for serious buyers. All sell record, financial documents verifiable.
Potential buyers will require Proof of funds or a pre-approval letter from bank before showing. A non-disclosure agreement required. No Exception.
Not available for financing, carry inventory or SBA loan.
Store show by appointment only.

Detailed Information

Location:
Snohomish County, WA
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
4,700
Lease Expiration:
6/30/2022
Employees:
4
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
All inventory and equipment are paid for with nothing leased or debt owed. In addition to the new walk in display cooler, there are additional 17 glass doors cooler not show in picture. Only 6 pictures allow in this ads. Over $175, 000 worth of inventory and a net sale of $1.3 million in 2017, $1.6 million in 2018.
Competition:
No competition as this is the only independent liquor store in town.
Growth & Expansion:
Store has a steady annual growth of 15% each year.
Support & Training:
30 days of support and training available after close of transaction.
Reason for Selling:
Retired
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Business Listed By:
Thuan Nguyen

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