Well Established Liquor Store For Sale
Not Disclosed, SC Spartanburg County
Asking Price:
$200,000
Annual Revenue:
$567,275
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- RE: Well Established Liquor Store For Sale
- Contact: Eli Tatem
Owner Financing is Available!
Owner Terms: $50,000 Interest: 8% Term Months:24
Monthly Payment: $2261.36
Quick Facts
| Asking Price: | $200,000 | |
| Annual Revenue: | $567,275 | |
| Net Profit: | Not Disclosed | |
| Cash Flow: | $115,673 | |
| Total Debt: | Not Disclosed | |
| FF&E: | $17,125 | |
| Real Estate: | Not Disclosed | |
| Year Established: | 1972 | |
| Employees: | 2 | |
| BBN Listing #: | 600151471 | |
| Broker Reference #: | 52661-953868 |
Business Overview:
Own this Profitable Liquor Store with in an extremely busy location, where the current owners easily earn over $100k each year. The industry is strong, the product is popular, and the rent is excellent.Thousands of cars pass this location everyday. The store has been around for 50 years and is well known. This store is perfect for an owner operator looking to make six figures, and who is comfortable with customer service and who understands retail. The advertising budget is next to nothing and provides an excellent opportunity for growth. The equipment is in good working order, and the inside of the store is organized very well.
The seller is willing to finance a portion of the business purchase price for qualified buyers.
The Inventory is sold separately and is valued at about $305,000.
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Property Features and Assets:
Large Parking Lot with Great Exposure, Front Showroom and Back-of-house storageMarket Competition and Expansion:
Expansion: Advertising is one of the largest potential growth strategies. The current owners do not advertise at all and do not have a website. Both of these could improve sales. Competition: The location is very busy and popular. This store is surrounded by other popular businesses and sells products at a competitive price due the experienced ownership.Reason for Selling:
RetiringAdditional Details:
- The property is Leased.
- The owner is willing to train/assist the new owner.
- This is not homebased business opportunity.
- This is not a franchise resale opportunity
Relevant Links:
- View more South Carolina businesses for sale
- View more Businesses For Sale in the same industry
- Sell a business online
- Find a business broker
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