Two Liquor Stores - 18908 Business Type: owner financing available,business with property available,liquor store/ wine
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Financial Information (non-confidential)
| General Information | |||
|---|---|---|---|
| Asking Price | $1,700,000 | Down Payment | $1,000,000 |
| Gross Revenues | $3,275,176 | Lease Remaining | Register Free to View |
| Owner’s Cash Flow | $586,185 | Number of FT Employees | Register Free to View |
Financing
$1,000,000 Down and Seller will finance balance of business purchase price for 7 years at 6%. Property must be purchased with the business for an additional $500k.
Business Description
Two Liquor stores with Redemption Center. The business must be purchased with the property through the owner for an additional $500k. (Total price $2.2 million). Property includes rental apartments that bring in $21k per year. Store sales were $1.8 million at one location and $1.35 million at the other. Lotto commission is $49k for both locations combined. Redemption center nets an additional $89k per year. Great track record. Currently run semi-absentee with employees willing to stay on for a new owner. Buyers should be prepared to show proof of funds for the down payment in order to qualify and receive additional info from the seller. With two locations and large storage areas, this gives the owner the opportunity to buy in bulk and take advantage of distributor volume discounts. Call today for more info on this great opportunity.
Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.
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