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Businesses For Sale > Business For Sale in Topeka, Kansas (KS)

Topeka Liquor Store Asking $89,900 plus inventory for sale in Topeka, KS

Topeka, Kansas (KS)

Asking Price: Gross: Cash Flow:
$ 89,900 $ 1,265,823 $ 49,130

Furniture and Fixtures Value:
$ 25,000 (included in the asking price)

Inventory Value:
$ 210,000 (not included in the asking price)

Business Summary:
This is the opportunity to purchase a liquor store that has been in business for over 15 years. The owner is relocating, and while he operates the store hands-off, he would strongly prefer to sell before he moves to an owner operator or someone familiar with the industry. Given the minimal amount of time, cash offers, speed to close, and familiarity with Kansas liquor licensing will be prioritized.The store is situated in a strip mall along one of the busiest streets in Topeka. Sales mix of 44% Beer, 39% Liquor / Spirits, and 9 % wine. Average margins ~19%.Consistent and loyal customer base with plenty of room for growth with a hands-on Owner Operator, wholesale business expansion, and more consistent marketing efforts. The facility includes 3,840 square feet at a base rent of $4,960 per month. Triple Nets are paid in addition to the base rent and are adjusted annually based on actuals. In 2023, the total monthly rent was $8,282.82 after base plus triple nets.

 

   
Year Business was Established: 15
   
Number of Employees: 1 FT / 8 PT  
   
Reason for selling: Other business interests  
   
Seller Reference Number: KS2944-AC
BusinessMart.com Listing Number: 290743
 

 

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For more info contact:

Doug Hubler

Apex Business Advisors
913-383-2671

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