Business Summary:
This shining star has demonstrated stellar growth since it opened several years ago. A convenient location, a growing area, a knowledgeable and friendly staff, is part of the reason this store is producing revenues significantly north of $1 million annually, and in 2008, produced a cash flow to an owner/operator of $188,000. Or, should you choose to hire a manager and not be tied down to the store, an owner could have drawn approximately $144,000 from the business (based on 2008 sales). This represents a return of 19% to 25% on a full cash investment basis (depending on how you manage the store), and a significantly higher return on a cash-on-cash basis. This business has been run very clean, has solid books, and should make an exceptional investment in any economic environment. This is a quality opportunity – don’t pass it up. Please, serious inquires only.
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| Facilities / Terms of Lease:
Excellent location with convenient access and situated near other popular businesses that draw customers. Store packed with fresh inventory. Buyer has flexibility on obtaining a short term or longer term lease. |
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| Potential
Growth/Expansion:
This store continues to exhibit an amazing growth record, with solid gains month after month, and year after year. 2009 is expected to be another banner year. Within a few years the store may need to be expanded (again) to accommodate its historical natural growth. |
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| Competition:
Although there are several stores within a few miles, this store is the shining star among them, and in fact, this store’s growth and success is probably one of best in central Oklahoma. |
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| Owner
willing to finance:
Generally speaking, liquor stores are hard to finance due to collateral issues with inventory, so buyer will need cash or healthy balance sheet to bank finance. Seller may provide some financing, depending on buyer’s qualifications. |
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| Owner
willing to train:
Owner and/or management very open to working with buyer for a smooth transition. |
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| Reason for selling:
Seller is raising cash for other business ventures. |
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Seller Reference Number: 7904-0208
BusinessMart.com Listing Number: 60434 |
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