Successful Liquor Store - Mostly Absentee Owner!

Larimer County, CO

Successful Liquor Store - Mostly Absentee Owner!
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Asking Price: $199,000

Cash Flow: $80,000

Gross Revenue: $1,000,000

EBITDA: N/A

FF&E: $87,000

Inventory: $315,000*

Real Estate: N/A

Established: 2013

*not included in asking price.

Successful Liquor Store - Mostly Absentee Owner!

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Business Description

Check out this neighborhood liquor store located on a high-traffic highway in a busy shopping center with easy in/out and convenient parking. The store has 4,000 Sq. Ft. with a large showroom and plenty of storage in the backroom. Loyal customers have been patronizing this establishment since 2013. Revenue averages $1M annually despite the mostly absentee owner. Seller will negotiate a favorable 3-5 year lease with new owner. The buyer of this moneymaking operation who decides to spend more hours on site can definitely increase sales. Do not hesitate to make an offer! This store has tons of potential and will sell quickly!

Detailed Information

Location:
Larimer County, CO
Inventory:
Not included in asking price
Real Estate:
Owned
Building SF:
4,000
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Seller will negotiate a favorable 3-5 year lease with new owner. The facility is roomy and nicely laid out with plenty of storage space in the backroom. There is an overhead door for easy inventory unloading. There are plenty of large coolers along the side and back walls with an industrial design.
Competition:
There are other liquor stores in the area, but the the convenient in/out from the parking lot and the visibility of the storefront make this a quick and easy stop for patrons.
Growth & Expansion:
Since the current owner is rarely around, a new owner with new energy who spends time on site can definitely increase sales and reduce cost of wages. Facebook posts advertising sales have decreased in recent years, therefore creating an opportunity for more revenue growth.
Support & Training:
As needed to ensure a smooth transition
Reason for Selling:
Other Business Interests
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(from currently available funds)
 
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Donna Martemucci

Business Listed By:
Donna Martemucci

Doberstein Lemburg Commercial, Inc.

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Sponsoring Broker:
Randy Marshall

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