GROWING NEW LIQUOR STORE
Location: South Carolina > Horry County > Myrtle Beach
Industry: Food and Beverage > Restaurants
Financials
Asking Price: $75,000
Gross Revenue: $225,000
Gross Revenue Comments: Growing
Cash Flow: $4,000
Inventory: $50,000 (Not Included in Asking Price)
FF&E: $15,000 (Included in Asking Price)
Seller Financing: Will consider for right person
Business Summary
The owner of this strip center is running a tobacco outlet that is doing over $2MM a year in sales. He has 3 part time employees running the liquor store for him and he does all the ordering. He is looking for a good operator to take over the liquor store to free him up to do other things. Even paying $500 a week in salaries, he is showing a $1500 a month profit. At the present level a hands-on owner/ operator can make $40 – 50K per year. As the store builds, so will the income. There is a lot of potential for wholesale to the numerous bars and golf clubs in the area. This is a chance to get into the liquor store business for a low initial investment and build for the future. Owner may be talked into carrying some paper.
About the Business
Year Established: 2007
Employees: 3 part time
Facilities: 1200 s.f. space in an attractive neighborhood strip center
Market Outlook and Competition: Discount tobacco outlet drives traffic into the center
About the Sale
Management Training and Support: 2 weeks
Reason For Selling: Has too many other businesses to handle
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The information on this listing has been provided by either the seller or a business broker representing the seller. BizQuest has no interest or stake in the sale of this business and has not verified any of the information and assumes no responsibility for its accuracy, veracity, or completeness. Please review the full Disclaimer here.
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