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1st Time On Market - "Unique" Liquor Store - $2.5MM in sales for 2007

Tennessee (Roane County)

Retail - Liquor Stores

Asking Price $895,000 Inventory $350,000** 
Gross Income $2,500,000 Real Estate  
Cash Flow $120,000 Year Established 1993
FF&E $75,000* Employees 4 full, 4 part

* included in the asking price

** not included in the asking price

Great business for sale

Not just your average package store. Current owner gained national media attention 16 years ago when she opened the first liquor store in the historic "town that temperance built". Has dominated the local market ever since, winning reader's choice "Best of County" award EVERY single year, embraced as the "local favorite". Sales growth every year since opening. Featured in national trade magazines, well-respected in business community. Owner received prestigious Athena Business Award and Sam Walton Business Leader Award. Great location in busy, fully-leased strip center (14,000 sq ft) 1 easy mile from interstate on busy state highway with daily traffic count of 18,000. In county within 60 miles of several "dry" counties. Owner owns strip center and would consider selling. $3,000/month to lease. 5500 square ft, every detail of business covered. Powerful point-of-sale system, state-of-the-art security system, healthy inventory, large well-lit parking lot, easy access, website, regular advertising, company policy handbook, etc...this is a turn-key profitable business from Day 1. Same Store Manager since opening day. Owner is active on-site by choice, but new owner could easily rely on long-term staff. Situated in a beautiful lake community with low cost of living in East TN 20 miles west of Knoxville, TN. Owner's luxury lake-house would be considered for sale in package.

Facilities: 5500 sq ft, built in 1980, center of strip center between busy dollar store and complementing tobacco shop. 2 coolers, 2 check-outs, storage and break room, one enclosed office, one open elevated office space overlooking store, lots of neons, specialty racks, loading dock in rear, lots of parking, new roof

Competition: Owner has worked this business from opening day - she knows her customer base, and dominates the local market.

Growth/Expansion: New opportunities opening by revising state law for wine tastings and related events. Lottery & Check Cashing an option, but not currently in use. Owner has had fun with this business, there's plenty of room to tighten expenses.

Financing: Owner will consider partial financing

Support/Training: Proud owner will gladly provide 2 months support, additional consultation as needed.

Reason Selling: Owner soon to be empty-nester, would like to retire and travel.

AD # 385900

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