Business Overview

Long established liquor store with upward trending sales and profits. $1M+ sales and over $200K in profit. Unique location in growing community with below market long-term lease in place. Easy access and tons of parking. Contact Tim Hagar regarding this confidential sale. Qualification required.

Financial

  • Asking Price: $525,000
  • Cash Flow: $200,000
  • Gross Revenue: $1,000,000
  • EBITDA: N/A
  • FF&E: N/A
  • Inventory: $125,000
  • Inventory Included: N/A
  • Established: 1982

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:N/A
  • Lot Size:N/A
  • Total Number of Employees:3
  • Furniture, Fixtures and Equipment:N/A
About The Facility:

Inline center with new incoming tenants.

Is Support & Training Included:

seller will train

Purpose For Selling:

Seller is moving out of state

Opportunities and Growth:

Ask broker about expansion plans

Additional Info

The business was founded in 1982, making the business 40 years old.
The deal doesn't include inventory valued at $125,000*, which ins't included in the suggested price.

Why is the Current Owner Selling The Business?

There are all sorts of reasons why people choose to sell businesses. Nonetheless, the real reason vs the one they say to you may be 2 absolutely different things. For instance, they may state "I have a lot of other commitments" or "I am retiring". For many sellers, these factors are valid. But, for some, these may simply be justifications to try to conceal the reality of changing demographics, increased competition, recent reduction in revenues, or a variety of various other factors. This is why it is extremely crucial that you not count absolutely on a vendor's word, yet instead, use the vendor's solution together with your overall due diligence. This will repaint a much more reasonable picture of the business's existing situation.

Existing Debts and Future Obligations

If the current entity is in debt, which lots of companies are, then you will certainly have reason to consider this when valuating/preparing your deal. Many operating businesses borrow money in order to cover items such as stock, payroll, accounts payable, so on and so forth. Bear in mind that occasionally this can indicate that earnings margins are too small. Lots of organisations fall into a revolving door of taking on debt as a way to pay back other loans. In addition to debts, there may also be future commitments to think about. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing agreements with vendors that have to be fulfilled or might lead to charges if canceled early.

Understanding the Customer Base, Competition and Area Demographics

Just how do operating businesses in the area draw in brand-new customers? Often times, operating businesses have repeat consumers, which form the core of their daily revenues. Particular aspects such as new competition sprouting up around the location, roadway building, and also staff turnover can affect repeat customers and adversely impact future revenues. One crucial point to consider is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the highway? Certainly, the more people that see the business on a regular basis, the higher the possibility to build a returning consumer base. A last thought is the general area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Just how might the neighborhood typical house earnings effect future earnings potential?