Retail - Liquor Stores | Retail - Miscellaneous Retail

Asking Price	$750,000	Inventory	Yes**
Gross Income	$2,771,765	Real Estate	$250,000*
Cash Flow	$227,345	Year Established	1981
FF&E	$50,000*	Employees	13-15

* included in the asking price

** not included in the asking price

For more than 3 decades, this retail liquor and convenience store has served an older neighborhood with improving demographics and strong family ties by successfully providing a large selection of wine, liquor, & beer for a loyal customer base. With combined gross revenues of $2,700,000 in 2008 and owner income of $227,000, this unique business opportunity is continuing to maintain sales and profits in 2009 with limited competition. This liquor, party & convenience store operates from a free standing 6,000+ square foot building (included in the sale) with excellent visibility at a major intersection. Additionally, the well maintained equipment package includes an updated point of sale and computer system that supports a "clean" set of books. A motivated and well trained mature staff will contribute to a smooth transition as well as providing a business model that is easier to manage. This "recession proof" business model is poised for more growth under new ownership.

Attachments: Download additional information (PDF)

Facilities: Currently operating the business from a 6,000 square foot free standing building. Highly visible facility at major intersection. Land and building will be sold with the business.

Competition: Liquor stores historically have proven to be one of the more "recession proof" businesses during an economic downturn. This well established operation has continued to generate sales in the first 6 months of 2009 that are comparable to 2008 record revenues and profits. After several decades in the same location, this landmark business has loyal repeat customers with minimal competition in the immediate market area.

Growth/Expansion: The owner has enjoyed the benefit of a well established location that has been serving the same neighborhood for many years. They have a well deserved reputation for providing friendly service and giving the customer what they want. There has been no money spent on advertising and marketing in recent years and it has not been deemed a priority by the current owner/operator. Adding more wine variety and other needed products tailored to the neighborhood coupled with more aggressive advertising has the potential to generate increased revenues.

Financing: No

Support/Training: Yes

Reason Selling: Experiencing some burnout & would like to explore other options before retiremen