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Oct 7, 2017 — The key with this opportunity is that there is no “Big Box" competition in the area, like many local liquor stores are experiencing. The business has been successfully owned and operated by the current owners for over 12 years and has maintained year over year revenue increases with consistent increasing cash flow! The business was established in 1987, and has served the area for over 30 years. Conveniently located in a shopping center with high traffic counts, exclusivity for liquor sales, and no major competitors within the area. Sellers are seeking to retire completely from the business. Owner currently works 24 hours a week in the business and has a full-time manager on staff. Cash flow assumes new owner will replace manager and cash flow adjustment assumes adding a 24 hour per week employee at $15/per hour. The store is extremely clean and very efficiently run.
Inventory, estimated at $100,000, is not included in the asking price. Seller will finance the sale with only $150,00 down for qualified buyers! Balance of $100,000 plus inventory financed at 8% over 120 months, with balloon at 61st month.
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