Businesses For Sale > Business For Sale in Tampa Bay Area, Florida (FL)

Liquor Store for sale in Tampa Bay Area, FL

Tampa Bay Area, Florida (FL)

Asking Price:	Gross:	Cash Flow:
$ 595,000	$ 1,495,872	$ 216,451

Furniture and Fixtures Value:
$ 50,000 (included in the asking price)

Inventory Value:
$ 450,000 (not included in the asking price)

Business Summary:
This spectacular, upscale, recession-proof Liquor Store is located in a premier Publix Shopping Center in the Tampa Bay area, with plenty of parking. The Store in the heart of the county�s most heavily driven area has been in business since 1990. Revenues and profits are continuing to increase. This busy Liquor Store is surrounded by hundreds of businesses, and some of the county�s most upscale and wealthiest neighborhoods, condominiums, and apartments. This well-established Liquor Store has an outstanding reputation for its service and selection of hard to find and rare items. Sales projections for 2009 are over $1.1 million, with additional lotto sales of over $300K and a net of over $200K. Easy to operate and maintain, this Liquor Store has a POS system in place, as well as a new, state-of-the-art security system, which the owner can monitor from home. It has been newly refurbished, well organized, and looks fabulous. This is a great opportunity to own an easy to operate, recession proof business. To receive more information about the business, you must submit a financial statement with proof of funds to qualify. Please contact VR Business Sales at 727-499-6500 or e-mail info@vrclearwater.com.

Year Business was Established: 1994

Number of Employees: 2 FT

Facilities / Terms of Lease: The store is located in a premier Publix shopping center operating in 1,559 sq. ft. at the same location since 1994. A. Lease expires July 2011 B. Base rent is $2,834.78 plus $1,416 in CAM charges. C. Lease escalates 3% per year D. All inside repairs and air conditioner are the responsibility of the owner. E. $2,000 business transfer fee and a deposit of $1,818.00.

Potential Growth/Expansion: Strengths: The Store has a reputation for excellent customer service and carries unique items that no one else offers. Weaknesses: 1. The store currently does not have a web site. A web site could increase sales volume through a state-of-the-art site built to attract more customers and create a virtual store. 2. There is no marketing/advertising plan in place. Through the development and implementation of an advertising campaign the store could potentially increase revenues. Competitors: The Liquor Store remains above competitors throughout the county due to its excellence in service and selection of products available for purchase.

Competition: The store has only advertised twice during the holidays. A. A new innovative, energetic buyer could develop an aggressive marketing/advertising plan through direct mail, Shopping Center flyers, and coupons targeting the surrounding neighborhoods and local area business, heightening awareness and incentivizing more customers to come to the store. This could potentially tap into a greater source of customers driving revenues upward increasing profitability. B. A new web site with state-of-the-art organic SEO (Search Engine Optimization) capabilities and on-line coupons could reach other customers increasing cash flow.

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