Very Busy & Profitable Liquor Store

Pinellas County, FL

Very Busy & Profitable Liquor Store
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Asking Price: $699,000

Cash Flow: $108,000

Gross Revenue: $1,080,000

EBITDA: $124,200

FF&E: $60,000

Inventory: $110,000

Rent: $4,891 /Month

Established: 2015

Very Busy & Profitable Liquor Store

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Business Description

Established store next to large anchor chain

Profitable , turn-key liquor store. The store is in a large shopping plaza right next to the busiest grocery chain in the state. Documented double digit growth last 4 years. State of the art POS system , security system and brand new coolers. Extremely clean and new modern flooring. Very inviting store front with an impeccable reputation throughout the community.

Detailed Information

Location:
Pinellas County, FL
Inventory:
Included in asking price
Real Estate:
Leased
Building SF:
1,559
Lease Expiration:
7/31/2021
Employees:
5
Furniture, Fixtures, & Equipment (FF&E):
Included in asking price
Facilities:
Comes with all inventory(based on 110K value), POS Systems, Security System , Coolers, Shelving, Full 3PS liquor license ($275K Value) (Home Based)
Competition:
Strong market with tons of growth potential. Late night market has almost zero competition. Store has maintained double digit growth in sales volume every year.
Growth & Expansion:
Pros- Increased revenue equals increased profits. There is much untapped revenue with online , delivery, wine clubs and social media. Cons- None
Financing:
SBA Compatible
Support & Training:
Will stay on and help train for 2 weeks with continued consulting as needed. The remaining employees are amazing and know the ins and out of the liquor business and will be instrumental in assisting in a smooth transition.
Reason for Selling:
Absentee owner. Can't focus enough on this business
Home-Based:
This business is Home-Based
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Business Listed By:
Rick Gruber

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