Liquor Store with 50% + Margins

Summerville, SC
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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
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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Marc
Williams
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Marc Williams