Listing ID: 72976
Enjoy limited working hour and Sunday off. Running Liquor store in a peaceful area. Not to be missed kind of opportunity.
If you are looking to Buy or Sell your Gas Station, Convenience Stores, Liquor store and any other business, look no further. Our experienced team has an extensive knowledge and networks to assist and guide you to buying and selling your next business opportunity. Call Rajesh Bhatia at (240) 643-4444 to get started. We look forward to working with you!
- Asking Price: $459,000
- Cash Flow: $150,000
- Gross Revenue: N/A
- EBITDA: N/A
- FF&E: N/A
- Inventory: N/A
- Inventory Included: N/A
- Established: N/A
This Business Is An Established Franchise
The property is leased by the business for $4,000 per Month
Why is the Current Owner Selling The Business?
There are all kinds of reasons why individuals resolve to sell operating businesses. Nonetheless, the real reason and the one they tell you might be 2 entirely different things. For instance, they might claim "I have a lot of other commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these might simply be justifications to attempt to hide the reality of transforming demographics, increased competition, current reduction in profits, or an array of other reasons. This is why it is extremely important that you not depend totally on a seller's word, yet rather, use the vendor's solution along with your overall due diligence. This will repaint a more realistic picture of the business's existing scenario.
Existing Debts and Future Obligations
If the current company is in debt, which many companies are, then you will have reason to consider this when valuating/preparing your offer. Many businesses borrow money so as to cover items such as inventory, payroll, accounts payable, etc. Keep in mind that sometimes this can mean that revenue margins are too small. Many companies fall under a revolving door of taking loans as a way to pay back other loans. Along with debts, there may also be future commitments to take into consideration. There might be an outstanding lease on equipment or the building where the business resides. The business might have existing contracts with suppliers that need to be satisfied or might result in charges if canceled early.
Understanding the Customer Base, Competition and Area Demographics
How do companies in the area attract new customers? Often times, companies have repeat customers, which create the core of their day-to-day earnings. Specific variables such as new competition sprouting up around the area, roadway building, as well as staff turn over can influence repeat clients as well as negatively affect future earnings. One essential point to think about is the placement of the business. Is it in a highly trafficked shopping center, or is it hidden from the highway? Clearly, the more people that see the business on a regular basis, the greater the possibility to construct a returning client base. A final idea is the general location demographics. Is the business situated in a largely inhabited city, or is it situated on the outskirts of town? Just how might the regional typical home income effect future income prospects?