Business Summary:
2009 sales were up 4% in a weak economy! The larger store has a 12+ year lease below market rate. Both stores have 15 door walk-in coolers and point of sale computer systems. Each store has a full time manager. I substituted a working owner for one manager to arrive at the $374,000 cash flow. The stores are on numbered roads with good parking.
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| Year
Business was Established: 1979 |
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| Number of Employees:
2FT, 14 PT |
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| Facilities / Terms of Lease:
One store is 5,600 sq. ft. Total rent is $4,700/mo. for 2+ years, then $5,148 for 5 years and $5,533 the next 5 years! The other store is 2,500 sq. ft. and total rent is $2,765/mo. We have a new 10 year lease. |
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| Potential
Growth/Expansion:
A full time working owner can fine tune the operation. No more liquor licenses available. |
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| Competition:
Average Competition, but sales are up every year.No more liquor licenses available. |
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| Owner
willing to finance:
SBA or Bank |
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| Owner
willing to train:
Yes |
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| Reason for selling:
New venture. |
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Seller Reference Number: 193
BusinessMart.com Listing Number: 53466 |
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