Business Overview

Profitable, high volume Liquor Warehouse located in the busy development north of I-70. The area is surrounded by retail, distribution centers and warehouses making for built in clientèle.

– Well managed, clean and inviting Liquor Warehouse
– Loading dock lends itself to convenient delivery
– High tech electronic shelf labels make changing prices seamless
– 5,000 SF basement for back stock complete with freight elevator
– Ample on-site parking, easy ingress and egress

Financial

  • Asking Price: $1,300,000
  • Cash Flow: N/A
  • Gross Revenue: $3,745,733
  • EBITDA: $517,488
  • FF&E: N/A
  • Inventory: $700,000
  • Inventory Included: N/A
  • Established: 2013

Detailed Information

  • Property Owned or Leased:N/A
  • Property Included:N/A
  • Building Square Footage:10,439
  • Lot Size:N/A
  • Total Number of Employees:8
  • Furniture, Fixtures and Equipment:N/A
Is Support & Training Included:

Negotiable

Purpose For Selling:

Other Ventures

Additional Info

The company was established in 2013, making the business 9 years old.
The sale doesn't include inventory valued at $700,000*, which ins't included in the asking price.

The business has 8 employees and resides in a building with estimated square footage of 10,439 sq ft.
The real estate is leased by the company for $27,957 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons individuals decide to sell companies. Nevertheless, the real reason and the one they say to you might be 2 entirely different things. For instance, they might claim "I have too many other commitments" or "I am retiring". For many sellers, these reasons stand. But, for some, these might simply be reasons to attempt to hide the reality of changing demographics, increased competition, current decrease in earnings, or a variety of other reasons. This is why it is extremely crucial that you not count absolutely on a seller's word, however instead, utilize the seller's response in conjunction with your general due diligence. This will paint an extra reasonable picture of the business's present circumstance.

Existing Debts and Future Obligations

If the current company is in debt, which many businesses are, then you will need to consider this when valuating/preparing your offer. Numerous businesses borrow money with the purpose of covering items such as supplies, payroll, accounts payable, etc. Keep in mind that occasionally this can suggest that earnings margins are too tight. Many organisations fall into a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to think about. There may be an outstanding lease on tools or the structure where the business resides. The business may have existing agreements with vendors that have to be fulfilled or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the location bring in brand-new clients? Most times, businesses have repeat clients, which develop the core of their day-to-day profits. Certain elements such as new competitors growing up around the location, roadway building, as well as staff turnover can affect repeat clients and negatively impact future earnings. One essential thing to think about is the placement of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more people that see the business on a regular basis, the greater the opportunity to build a returning consumer base. A final idea is the basic area demographics. Is the business placed in a densely populated city, or is it situated on the outskirts of town? Exactly how might the neighborhood typical family earnings impact future income potential?