Liquor Store - 20+ Years, Profitable
Location Texas,United States
Asking Price Range $500K - $1.0M
Gross Revenues $1314000
Net Profit / Cash Flow $109000
Cash Flow Type EBITDA
Seller Finance Yes
Year Established 1991
Number of Employees 1 - 3
Inventory 215000
Relocatable No
Number of Employees 1 - 3
Real Estate Owned
Training The seller genuinely desires an effective business transition. Seller will train buyer for 2 weeks included with the purchase price. Additional training and support are available by mutual agreement.
Reason for Sale Retirement.
Description MegaBite Restaurant Brokers LLC offers, for your ownership consideration, a well-established full-service retail liquor store servicing the entryway to resort living on Lake Granbury. The business has continuously operated from its current location for 20+ years. The business also distributes liquor, wine, beer and bar supplies to numerous bars, resorts and golf courses in the area. The owner works approximately 20 hrs/wk in the business.
The business has shown steady revenue growth for twelve years and should continue. The business is located on the east side of Granbury where most of the growth in and around Granbury has occurred. The highway 377 speed limit to Fort Worth has been increased to 75 mph. This continues to increase the number of people who are willing to make the drive to live in a resort town community such as Lake Granbury. The store location offers a quick and easy stop on the way home for affluent Granbury Resort homeowners.
The asking price for the assets of the business is $600,000 ALL-CASH. The assets include inventory at cost of $100,000 and FFE (Furniture, Fixtures and Equipment) valued at $115,000. The land and building are separately available for purchase at a price of $600,000.
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