Liquor Store In Busy Location
Location Connecticut,United States
Asking Price Range < $250K
Gross Revenues $500000
Net Profit / Cash Flow $79400
Cash Flow Type EBITDA
Seller Finance Not Disclosed
Year Established 1984
Number of Employees 1 - 3
Inventory 20000
Relocatable No
Number of Employees 1 - 3
Real Estate Leased
Training As needed.
Reason for Sale Owner has other interests.
Description Owner re-opened closed store. Store use to do $700,000 per year under previous owner but store money was mis-managed and went out of business. Store presently on track to do very close to $400,000 to $500,000 in sales this year at a 28% margin. Store needs to be cleaned up and more inventory put in and has the potential of doing a fabulous business by adding lotto and cigarettes. The store is a diamond in the rough. Store is located on high traffic road with plenty of in and out parking. Long term lease in place. May sales $25,000, June through August average $30-35,000 per month and growing each month as people realize the store is open again and under new ownership. This is priced right and will go quickly. Contact for more information on this Liquor Store for sale.
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