Profitable and Well-Known Liquor and Convenience Store-Great Location!

Lexington, KY (Fayette County)

Profitable and Well-Known Liquor and Convenience Store-Great Location!
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Asking Price: $250,000

Cash Flow: $100,132

Gross Revenue: $850,929

EBITDA: $100,132

FF&E: $65,000

Inventory: $75,000*

Rent: $6,005 /Month

Established: 1965

*not included in asking price.

Profitable and Well-Known Liquor and Convenience Store-Great Location!

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Business Description

Profitable and Well-Known Liquor and Convenience Store-Great Location!

Boasting a wonderful location in Lexington, near universities and downtown, this liquor and convenience store has seen generations of happy customers!

Detailed Information

Inventory:
Not included in asking price
Real Estate:
Leased
Building SF:
2,000
Lease Expiration:
12/31/2023
Employees:
3
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Well located and large retail establishment minutes from universities and downtown. Located in a busy strip center, the
Competition:
Direct competition is limited. With an established storefront, consumers have been trained for decades to patronize this location.
Growth & Expansion:
There are growth possibilities in many areas of the business. The biggest area of opportunity would be the addition of new product lines, pricing adjustments, lottery sales, and check cashing services. The current real estate footprint would allow for these high ROI enhancements.
Support & Training:
The sellers are willing to train for two weeks, or for a negotiated period of time.
Reason for Selling:
Retirement.
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Spencer Houlihan - -Kentuckybusinessbrokers.com

Business Listed By:
Spencer Houlihan

Texas Business Brokers

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Sponsoring Broker:
Mike Feinman, Managing Partner

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