Listing ID: 79135
Liquor store fully stacked. Includes license. Owner to retire but will sell out in full OR stay on for a while. Lots of great customers. Amazing location. Great opportunity. Bring your skill and grow this business with fresh energy and your great ideas. See more at BuyBizUSA.com or call us at 833.Buy-Biz1 (883-249-2891).
All Florida Business owners: Text SELLMYBIZ to 22828 for the free e-book from Legacy Business Brokers.
- Asking Price: $355,000
- Cash Flow: $105,000
- Gross Revenue: $850,000
- EBITDA: $65,000
- FF&E: N/A
- Inventory: $150,000
- Inventory Included: N/A
- Established: 2004
- Property Owned or Leased:N/A
- Property Included:N/A
- Building Square Footage:N/A
- Lot Size:N/A
- Total Number of Employees:1
- Furniture, Fixtures and Equipment:N/A
Well designed. Large layout. Great visibility. Popular area. Lots of foot traffic. Room to grow. Many other great features to discuss.
Will stay on and transition ownership or take a full buyout and get two week's worth of training.
Age to retire
Typical with VERY little room for new competitors to come to the area.
Lots of great opportunities for growth and expansion. Meet the owner, see business and learn for yourself.
The business was started in 2004, making the business 18 years old.
The sale shall not include inventory valued at $150,000*, which ins't included in the listing price.
Why is the Current Owner Selling The Business?
There are all types of reasons why people decide to sell operating businesses. Nevertheless, the true factor vs the one they tell you may be 2 absolutely different things. As an example, they may claim "I have way too many various obligations" or "I am retiring". For lots of sellers, these factors stand. But also, for some, these might just be excuses to attempt to hide the reality of altering demographics, increased competitors, current decrease in incomes, or a range of other factors. This is why it is really important that you not rely entirely on a vendor's word, but instead, make use of the seller's answer together with your general due diligence. This will paint an extra sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the existing company is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Many companies take out loans so as to cover things like supplies, payroll, accounts payable, so on and so forth. Remember that sometimes this can mean that revenue margins are too tight. Lots of businesses 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 consider. There may be an outstanding lease on tools or the structure where the business resides. The business might have existing contracts with vendors that need to be met or may lead to charges if terminated early.
Understanding the Customer Base, Competition and Area Demographics
Exactly how do operating businesses in the location bring in brand-new clients? Often times, companies have repeat customers, which form the core of their day-to-day revenues. Specific elements such as brand-new competition growing up around the area, roadway building, and personnel turn over can influence repeat customers and negatively influence future profits. One crucial point to think about is the location of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Certainly, the more individuals that see the business regularly, the greater the possibility to build a returning consumer base. A final thought 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 local typical home earnings effect future revenue prospects?