| Asking Price |
$110,000 | Inventory |
$70,000* |
|---|---|---|---|
| Gross Income |
$394,851 | Real Estate |
|
| Cash Flow |
$41,923 | Year Established | 18 |
| FF&E |
$30,000* | Employees | 2 |
* included in the asking price
** not included in the asking price
Great wine and liquor store located at busy intersection of NW 23rd & Council near beautiful Lake Overholser. Business has existed for almost 20 years. Quick and easy direct access onto NW 23rd. Excellent area with established neighborhoods with high end homes, apartments with Buy for Less across the street and 7-11 next door. Store is very clean with the best employees and great customers. Fresh paint on the walls with decorations, 2 safes, large store room, remodeled office with furniture, 2 tv's, 2 computer's, printer/fax/copier, video seurity system, fridge and microwave.
Facilities: 2,357 sq ft with 1,540 sq ft display space. Lease for $1286.05 month with 5 year lease expiring in Nov 2012. In strip mall with easy access & high visibility. Plenty of parking and well lit at night.
Competition: Largest selection of wine, liquor and beer of the closest liquor stores.
Growth/Expansion: When I bought this store it was on its last leg. The selection and prices were poor, the owner was ready to move on and the store reaked of cigarette smoke. I cleaned it up, advertised, improved selection and prices. I increased sales over 100% my first year and they continue to grow leaps and bounds. Sales are up $10,000 over same time period last year.
Financing: None
Support/Training: Training provided, term is flexible.
Reason Selling: I'm 35 & very active. In 30 more years when I retire it will be perfect.

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