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Profitable Liquor Store For Sale

Olathe, KS (Johnson County)

Liquor Store/C-Store
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Asking Price: $275,000

Cash Flow: N/A

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: N/A

Inventory: $70,000*

Rent: $4,500 /Month

Established: 2016

*not included in asking price.

Profitable Liquor Store For Sale

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Business Description

Recently listed: Very profitable, Newly remodeled! and converted liquor store/convenience store located in the heart of Olathe. This liquor store recently upgraded and expanded to accommodate new Kansas liquor laws which began in April of this year. Ready & upgraded to fit new buyer needs.

The business is a one stop shop with varieties of beer, liquor, wine, soda, juices, mixers, snacks foods, variety of smokes/ cigarettes/tobacco products, pipes, CBD, hemp products, and a total one stop shop for all customer needs.

Annual sales are averaging 1-Million a year with a great 30% margin of profit. Recently started selling snacks and non-alcoholic items which have generated over $6000 in sales per month for the months of May & June, on a 70% markup.
Owner is asking $275,000 plus inventory. Inventory can range between 55 to 70,000 depending on week of month. Higher inventory over summer time and holidays.

This listing is for serious buyers only with no room for less amount offers. Price is firm. Owner does not work at the business, and is looking forward to a quick sale. The business comes with a full staff including a Manager who works 9 to 5 Monday through Friday who handles the business operations.

Please feel free to contact: Jay (417) 693-5590 for further information, or to set a time to view the location.

Thanks

Detailed Information

Location:
Olathe, KS
Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,400
Lease Expiration:
N/A
Employees:
5
Growth & Expansion:
This business has recently been updated, remodeled, expanded and rejuvenated to fit with the new Kansas Liquor Laws, and to gain an increase of sales.
Support & Training:
New ownership will be trained by the current manager for ongoing training.
Reason for Selling:
The owner lives out of town, and is selling to pursue other interests.
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Business Listed By:
Preet Hundal

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