Business Summary:
After buying a rather bland looking and poorly managed operation, the present owner of this retail party store invested over $300,000 in upgrades, to include furniture, displays, coolers, signage and fixtures, etc. The result - a very attractive, conveniently located, neighborhood place to shop for liquor, beer, wine and snacks.
After three years of owning and operating this busy 5,000 sq. ft. full service store, he would now like to sell and focus on his other business interests. During his tenure he has built a loyal clientele and the store’s image, quality of service and reputation continue to drive sales upward.
Revenues have been in the $600,000 range the last two years – a significant increase of approximately 50% over previous ownership. Rent, at $4,450 per month, is very reasonable for a highly visible, heavily trafficked thoroughfare, nested in an end-cap part of an active strip mall. For a new owner’s consideration, there is space to add a deli area where one might serve made-to-order, fresh and tasty sandwiches.
This business can be run absentee, or hands-on, to increase owner’s bottom line. At an asking price of $250,000 (less than 50% of sales), this is a great business opportunity. For additional information, please call Kathy McKee @616-901-5626.
|
|
|
