Business Overview

Liquor, beer, wine, lottery and ATM


  • Asking Price: $2,600,000
  • Cash Flow: $800,000
  • Gross Revenue: $2,600,000
  • FF&E: N/A
  • Inventory: $550,000
  • Inventory Included: N/A
  • Established: N/A
Purpose For Selling:

owns multiple businesses and wants to downsize

Additional Info

The deal won't include inventory valued at $550,000*, which ins't included in the listing price.

The building is leased by the company for $8,000 per Month

Why is the Current Owner Selling The Business?

There are all sorts of reasons why individuals choose to sell companies. Nevertheless, the real reason and the one they say to you might be 2 absolutely different things. For instance, they might claim "I have a lot of various responsibilities" or "I am retiring". For lots of sellers, these reasons stand. However, for some, these might simply be justifications to try to conceal the reality of altering demographics, increased competition, recent decrease in earnings, or a variety of other factors. This is why it is really vital that you not count entirely on a seller's word, yet rather, make use of the vendor's answer together with your overall due diligence. This will paint an extra practical picture of the business's current situation.

Existing Debts and Future Obligations

If the existing company is in debt, which lots of businesses are, then you will certainly need to consider this when valuating/preparing your deal. Lots of businesses take out loans so as to cover items like stock, payroll, accounts payable, so on and so forth. Keep in mind that occasionally this can suggest that earnings margins are too small. Numerous organisations come under 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 take into consideration. There may be an outstanding lease on tools or the building where the business resides. The business might have existing contracts with suppliers that have to be fulfilled or might result in penalties if canceled early.

Understanding the Customer Base, Competition and Area Demographics

How do businesses in the area attract brand-new consumers? Many times, companies have repeat clients, which create the core of their daily earnings. Specific variables such as new competition growing up around the area, roadway building, and also employee turn over can influence repeat clients as well as adversely impact future revenues. One important point to think about is the placement of the business. Is it in a very trafficked shopping mall, or is it concealed from the main road? Undoubtedly, the more individuals that see the business often, the higher the opportunity to construct a returning client base. A final idea is the basic area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? How might the neighborhood mean house income influence future revenue prospects?