Business Summary:
Smaller store has shown constant growth pattern in first 3 years of operation - store has no competition on thoroughfare which it is located for over 3/4 miles. Two walls of store are refrigerator boxes. Store can be expanded 1,100 sq. ft. as vacant apartment to rear of store can be had with lease. Beer 35%, wine 35%, liquor 30%. Cigarettes small amount of total sales. Big markup on beer. Liquor License value 150K. There is no lottery or delivery. Once placed within store volume and traffic count would automatically send sales and profit margins way up.
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| Year
Business was Established: 2005 |
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| Number of Employees:
3 |
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| Facilities / Terms of Lease:
Street parking sufficient for this smaller store that shows remarkable growth pattern. All equipment is fairly new. |
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| Potential
Growth/Expansion:
At present 1,100 sq. ft. can be added to square footage by accepting additional lease. There is no lottery or delivery both if implemented can cause dramatic increases. |
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| Competition:
Not much liquor store competition in this area of urban city – closest competition ¾ mile away in same thoroughfare. |
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| Owner
willing to finance:
Owner would take $400,000 down and financing to $50,000 payable in 2 years at prime + 2%. |
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| Owner
willing to train:
Two weeks. |
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| Reason for selling:
Owner is ill and has 2 stores. Cannot handle both. |
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Seller Reference Number: 3654vm
BusinessMart.com Listing Number: 44807 |
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