Listing ID: 75067
Liquor Store for Sale with Double Drive-Thru! Located in the Phoenix area in the business industry and housing district off of a busy intersection. Operating for 45+ years with established repeat customer base. This local favorite with 5-star Google Reviews. Fully stocked with assorted liquor, beer, wine, tobacco and some convenience store grocery products. Add Food, Lottery, EBT, and Smoke Shop to expand business and establish later hours. To learn more please contact Vinni Sapra via email at firstname.lastname@example.org or text/call to (480) 227-3184.
If you are looking for a Business Valuation and/or to Sell your own Gas Station, Liquor Store, Convenience Store, Carwash, Restaurant, etc…, look no further. With decades of experience, established network of qualified buyers, and unmatched knowledge of the industry. Please call Vinni Sapra at 480-227-3184 to get started. Thank you. We look forward to working with you.
- Asking Price: $1,525,000
- Cash Flow: $294,360
- Gross Revenue: $1,200,000
- EBITDA: N/A
- FF&E: N/A
- Inventory: $150,000
- Inventory Included: N/A
- Established: 1975
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:2,000
- Lot Size:N/A
- Total Number of Employees:2
- Furniture, Fixtures and Equipment:N/A
The venture was founded in 1975, making the business 47 years old.
The transaction shall not include inventory valued at $150,000*, which ins't included in the suggested price.
The business has 2 employees and resides in a building with disclosed square footage of 2,000 sq ft.
The building is leased by the company for $7,000 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why people decide to sell operating businesses. Nevertheless, the true reason vs the one they tell you may be 2 absolutely different things. For instance, they might state "I have way too many various responsibilities" or "I am retiring". For many sellers, these factors stand. However, for some, these may simply be excuses to attempt to conceal the reality of transforming demographics, increased competition, recent decrease in profits, or a range of various other reasons. This is why it is really vital that you not count absolutely on a seller's word, yet rather, utilize the vendor's answer in conjunction with your general due diligence. This will paint a more reasonable image of the business's present circumstance.
Existing Debts and Future Obligations
If the existing entity is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many companies finance loans in order to cover things like supplies, payroll, accounts payable, etc. Bear in mind that in some cases this can suggest that earnings margins are too tight. Numerous companies fall under a revolving door of taking on debt as a way to pay back various other loans. In addition to debts, there may likewise be future commitments to take into consideration. There might be an outstanding lease on equipment or the structure where the business resides. The business may have existing contracts with suppliers that must be fulfilled or may lead to fines if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do companies in the location draw in brand-new consumers? Many times, companies have repeat customers, which develop the core of their daily profits. Particular variables such as new competitors growing up around the location, road building and construction, and also personnel turnover can influence repeat consumers and also negatively impact future revenues. One vital point to take into consideration is the area of the business. Is it in an extremely trafficked shopping center, or is it concealed from the main road? Clearly, the more people that see the business on a regular basis, the better the opportunity to develop a returning client base. A last thought is the general area demographics. Is the business situated in a densely inhabited city, or is it located on the edge of town? Exactly how might the local median family earnings influence future revenue potential?