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Memphis Liquor Store. Cash Flow $95,000. Total Package $250,000

Shelby County, TN
listing image
Asking Price:$175,000
Gross Revenue:$500,000
FF&E:$20,000
Cash Flow:$95,000
Inventory:$75,000
Established Year:1997
Listing ID: 2288111Listing provided by BizBuySell
BUSINESS DESCRIPTION

27 Year Old - Neighborhood Liquor Store. Located at a Busy Intersection. Very Profitable. Annual Sales $500,000; Sales Margins 26%. Long Term Lease. 1200 Square Feet. Good Presence, Signage and Visibility.

Reasonable Rent of $1800/Month which includes Water & Sewer Fees. The Business is Priced at Only 1.8 Times Cash Flow. Customers Pay Credit Card Fees. Sales by Department: Liquor 90%; Other 10%. The Seller chooses not to have Labor Costs.

Add The Lottery, ATM, Check Cashing, Tobacco, Vape Products, & Delivery - All will increase the Cash Flow of the Store. Seller Retiring.

Note: Complete the " Contact Seller" information on this Page. We cannot provide further information by Telephone, until this information is completed. Upon receipt, we will provide the Business Summary Profile, Financial Information and the Address. You may visit as a "Silent Shopper" or view on Google Maps.

DETAILED INFORMATION
Location
Shelby County, TN
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Quaint Brick Building with Lots of Character. Well Known Liquor Store and Seller. The Building has excellent Rent - only $1800/Month. The Business Has Very Low Overhead and Priced Very Competitively in the Memphis Marketplace.
Competition
Typical for the City of Memphis.
Growth & Expansion
See Above
Financing
Not a Candidate for an SBA Loan. Price does not meet SBA Minimums.
Support & Training
Seller will provide thorough training.
Reason for Selling
Retirement.
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Jill Taylor
Tidewater Associates
Phone Number
Jill Taylor
Call Phone