Retail - Liquor Stores

Asking Price	$595,000	Inventory	Included in asking price*
Gross Income	$900,000	Real Estate	Included in asking price*
Cash Flow	$100,000	Year Established	1975
FF&E	Included in asking price*	Employees	5

* included in the asking price

** not included in the asking price

Well Established Little Rock Liquor Store With Real Estate

This is a well established and highly visible liquor store on the northeast corner of Twelfth and Woodrow in Little Rock, not far from the State Capitol complex. This is a high traffic area just three blocks south of I-30. Woodrow is a thoroughfare from the Interstate to Wright Avenue. The store also has a steady draw of local residents living in the neighborhood and has a 35 year history of successful operation with annual increases in gross sales. Recently the interior of the store was restructured to provide a larger waiting area for the customers. The lot surrounding the store is very large(nearly one quarter block) which provides ample parking space and presents the opportunity of adding a drive-up window to draw additional sales. The inventory is substantial. There is a six door walk-in cooler, three additional large wall coolers and an extra-large icebox for bagged ice. Security measures include seven video cameras and a burglar alarm system with 24 hour monitoring. Competition is limited. There is a convenience store/service station across the street. There is no other liquor store within approximately a mile of 12th and Woodrow. This is an excellent opportunity to purchase a sound business in an established and dependable location. The only reason for the proposed sale is the owner's desire to retire.

Facilities: Square footage of the building is approximately 2100 sq. ft. The store does not have a drive-up window but there is a perfect place to put one which will fit the traffic flow on the parking lot. There are two cash registers, a credit card machine, a fax/copier machine, several adding machines and television monitors. The building is in good shape with a large stock area and the roof is still under warranty. There is a large pole sign outside with a message board for sales ads.

Competition: There are no other liquor stores within approximately one mile. Also, none of the stores at that range have the traffic flow that this one does. This store currently has five employees.

Growth/Expansion: This store has never had a drive-up window and only started accepting credit cards a little over a year ago. This is an excellent opportunity for progressive upbeat management to expand and enlarge an already successful business.

Financing: None.

Support/Training: The owner is willing to allow interested parties to work in the store for a brief period to familiarize the potential purchaser with the overall operation of the business and for training purposes.

Reason Selling: The owner's desire to retire and travel.