Profitable Beach Liquor Store with Real Estate in Pinellas County!

Pinellas County, FL

Seller Financing Available
Profitable Beach Liquor Store with Real Estate in Pinellas County!
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Asking Price: $1,200,000

Cash Flow: $129,000

Gross Revenue: $551,000

EBITDA: N/A

FF&E: $50,000

Inventory: $125,000*

Real Estate: $750,000

Established: 1992

*not included in asking price.

Profitable Beach Liquor Store with Real Estate in Pinellas County!

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Business Description

• 3,012/SF Free Standing Building with Liquor Store on ground floor with additional income from a 3 bedroom 2 bath apartment on the second floor.
• Beach Liquor Store on Gulf Blvd directly across from the Gulf of Mexico
• The lot is .11 acres with 50 Feet of frontage and 95 feet of depth
• Building was built in 1959 and is well maintained with a new roof in 2010.
• Property Zoning is CG
• Property is located in Flood Zone VE
• Liquor Store has annual sales of $610,000 and is highly profitable
• Apartment is currently rented and the monthly income is $2,000 per month
• 4 COP Pinellas County Liquor License included in sales price
• Inventory of $125,000 +- not included in purchase price and sold at cost
• Furniture Fixtures and Equipment valued at $50,000
• Note: Seller will agree to sell the Liquor Store w/o the real estate along with 4COP License, FF&E, Goodwill and Inventory for $450,000 plus inventory at cost and will lease to Buyer of Liquor store for $2,500/month Modified Gross plus sales tax.
** Please note the seller is requesting proof of funds from a buyer or a bank approval letter for the purchase price amount or down payment amount and a processing fee for a credit check before disclosing any further financial information.

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Owned
Included in asking price
Building SF:
3,012
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
3,012 SF two story building with liquor store on the bottom floor and a 3 bedroom 2 bath apartment which can be split to two units on the top floor. Upstairs Apartment has a deck with views of the Gulf of Mexico.
Competition:
Very little competition in the area
Support & Training:
Seller will provide 2 weeks of Training
Reason for Selling:
Retiring
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Contact the Seller

(from currently available funds)
 
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Chris Shryock

Business Listed By:
chris shryock

CR Commercial Realty, Inc.

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