Liquor Store with 50% + Margins
Summerville, SC
Sale Pending
Asking Price: | $395,000 |
Gross Revenue: | $468,633 |
Rent: | $2,000/Month |
FF&E: | $25,000 |
Cash Flow: | $147,975 |
Inventory: | $65,000 |
EBITDA: | $147,975 |
Established Year: | 2009 |
Listing ID: 2291471Listing provided by BizBuySell
BUSINESS DESCRIPTION
That is not a typo. Lottery sales and check cashing income lifts this liquor stores gross profits to 50%! Great opportunity for a husband and wife to earn $150,000 a year!
DETAILED INFORMATION
Location
Summerville, SC
Inventory
Included in asking price
Real Estate
Leased
Building SF
800
Lease Expiration
31/10/2034
Employees
1
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Nondescript retail space in a strip mall in the center of Summerville.
Competition
The owner does no marketing and does not have a web site so the opportunity to grow an already growing business is a good bet.
Growth & Expansion
Instituting a marketing plan and web site will grow the business.
Support & Training
As needed.
Reason for Selling
The owner is retiring.
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