Listing ID: 73006
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: $399,000
- Cash Flow: $100,000
- 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 company for $4,000 per Month
Why is the Current Owner Selling The Business?
There are all sorts of reasons people decide to sell businesses. However, the genuine reason and the one they tell you might be 2 totally different things. As an example, they may state "I have way too many various commitments" or "I am retiring". For numerous sellers, these factors are valid. However, for some, these may just be reasons to try to hide the reality of changing demographics, increased competitors, current reduction in incomes, or a variety of various other factors. This is why it is really crucial that you not count completely on a vendor's word, yet instead, utilize the seller's answer along with your overall due diligence. This will repaint a much more sensible picture of the business's current scenario.
Existing Debts and Future Obligations
If the current business is in debt, which many companies are, then you will need to consider this when valuating/preparing your offer. Numerous operating businesses finance loans so as to cover things like inventory, payroll, accounts payable, and so on. Keep in mind that in some cases this can indicate that profit margins are too small. Many organisations fall under a revolving door of taking loans as a way to pay back various other loans. In addition to debts, there may also be future commitments to consider. There may be an outstanding lease on equipment or the structure where the business resides. The business may have existing agreements with suppliers that need to be satisfied or may lead to penalties if terminated early.
Understanding the Customer Base, Competition and Area Demographics
How do businesses in the area draw in new consumers? Many times, operating businesses have repeat customers, which create the core of their everyday earnings. Certain variables such as brand-new competition growing up around the location, roadway building and construction, and staff turn over can impact repeat consumers and negatively impact future earnings. One important point to take into consideration is the location of the business. Is it in a highly trafficked shopping center, or is it concealed from the highway? Undoubtedly, the more people that see the business on a regular basis, the better the chance to develop a returning consumer base. A last thought is the general area demographics. Is the business situated in a largely populated city, or is it situated on the outside border of town? Exactly how might the neighborhood mean household earnings effect future earnings prospects?