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Extremely Profitable Liquor Store

Broward County, Florida

Asking Price: Gross: Cash Flow:
$999,000 $1,031,470 $241,402

Furniture and Fixtures Value:
$50,000 (included in the asking price)

Inventory Value:
$200,000 (included in the asking price)

Real Estate:
$0 ( not included in the asking price)

Business Summary:
Reason for Sale: Retirement- Extremely profitable liquor store in north Broward. Established since 1991 servicing their local community needs for all types of liquor/ beer/ wine/ cigarettes. Other services include lotto, check cashing, ATM. Sales 1.2 million with an owner benefit of $200k. 4cop liquor license included+ $200k of inventory included. Minimal competition in the area. Seller financing with $700k down. Steady flow of customers. Increase sales by opening longer hours.

 
   
   
Year Business was Established: 1991
   
Number of Employees: 1 PT  
   
Facilities / Terms of Lease: Shopping Center-Rent $2,500-1190 Sq ft- Lease Exp. 11-30-28.  
   
Owner willing to finance: $700K down/$299K over 36 mos. @ 8%.  
   
Owner willing to train: Will train for 4 weeks @ $0 cost.  
   
Reason for selling: Retirement.  
 

 

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