Business Overview

This is a great opportunity for an owner operator to walk into an established liquor store with gas and video gaming. The only liquor store in town with drive up lane.

Gallons: 160,000
Inside Sales: $740,000
Lottery: $70,000
Gaing: $100,000 Commission

Financial

  • Asking Price: $995,000
  • Cash Flow: N/A
  • Gross Revenue: N/A
  • EBITDA: $180,000
  • FF&E: N/A
  • Inventory: N/A
  • Inventory Included: N/A
  • Established: 2014

Detailed Information

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

Site Size: 21,200 sf Building Approx: 2,500sf

Is Support & Training Included:

1 week

Purpose For Selling:

Absentee Owner and lives too far.

Pros and Cons:

None

Additional Info

The venture was founded in 2014, making the business 8 years old.

Why is the Current Owner Selling The Business?

There are all kinds of reasons people choose to sell businesses. Nevertheless, the real factor vs the one they tell you may be 2 entirely different things. For instance, they might state "I have way too many various commitments" or "I am retiring". For many sellers, these factors stand. But, for some, these might just be reasons to try to conceal the reality of altering demographics, increased competitors, recent reduction in earnings, or a range of other reasons. This is why it is extremely essential that you not depend completely on a seller's word, yet instead, use the vendor's solution combined with your overall due diligence. This will paint a more practical image of the business's present circumstance.

Existing Debts and Future Obligations

If the existing company is in debt, which numerous companies are, then you will certainly need to consider this when valuating/preparing your deal. Many operating businesses finance loans so as to cover things like inventory, payroll, accounts payable, etc. Remember that in some cases this can indicate that earnings margins are too tight. Numerous organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may additionally be future commitments to consider. There might be an outstanding lease on tools or the structure where the business resides. The business might have existing agreements with suppliers that should be met or might lead to charges if terminated early.

Understanding the Customer Base, Competition and Area Demographics

How do companies in the area attract new customers? Most times, businesses have repeat clients, which develop the core of their daily profits. Particular elements such as brand-new competition growing up around the location, roadway building and construction, and also staff turnover can impact repeat clients as well as adversely impact future earnings. One vital thing to consider is the area of the business. Is it in a very trafficked shopping center, or is it concealed from the main road? Obviously, the more people that see the business often, the greater the possibility to construct a returning consumer base. A last idea is the general area demographics. Is the business placed in a densely inhabited city, or is it situated on the outside border of town? Exactly how might the neighborhood median home earnings influence future income potential?