Business Summary:
This 5-year old liquor store is located in a building that was built just 6 years ago. The space is currently being occupied has been very well-kept and offers its customers a very inviting display of products ranging from a wide array of wines, to a nice selection of specialty brewed beer along with popular domestics, while of course offering popular brands of liquor as well.
This business is perfect for someone with some capital to invest into building the inventory up and offering a wider array of snacks and or packaged goods that customers can conveniently grab on their way to the counter. The owner knows that if he were to sell snacks or some other essentials like cigarettes and lottery tickets, he would expect to increase sales dramatically, but it is not within his financial ability to do so. Also, the way you make money in this business is buying product in bulk so that you get discounts from the suppliers. The owner has never been able to take advantage of this either.
The sales price is set at the amount the current owners have put into the business. If the buyer requires extra capital to run the business properly, the seller will consider financing up to 50% of the sales price to a qualified buyer. They realize that someone could do better with the business than they are capable of doing. Right now, the active owner has been taking college courses due to other interests. Seller is motivated to sell.
The seller will hand over all vendor information at buyer’s request and all business assets will be made a part of the deal, making it turn-key. The seller is also willing to train and show a new owner exactly what they were doing so that the buyer is completely aware of how certain changes to the business will greatly impact the gross sales and profitability of the business.
Please call VR Business Brokers @ 262-347-2083 to get more information on this business or to arrange a tour.
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