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Memphis Liquor Store; Growing Liquor Store: Price $197K

Shelby County, TN
listing image
Asking Price:$197,000
Gross Revenue:$456,000
FF&E:$25,000
Cash Flow:$72,000
Inventory:$120,000
Established Year:2012
Listing ID: 1962157Listing provided by BizBuySell
BUSINESS DESCRIPTION

9 Year Old Liquor Store. Upscale Community in Memphis, TN. Excellent Location. Busy Shopping Center. Nice Margins 27.5%. Sales Up Over 2021. Seller Operates The Business without Employees. Request Details on Special Circumstances.

Attractive Liquor Store. Good Lease with Options. Fixed Rent for 3 Years - $3400/Month. Good Books and Records. Verifiable Tax Returns. Cash Flow $72,000. Owner Operator Cash Flow $72,000 - no Employees.

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DETAILED INFORMATION
Location
Shelby County, TN
Inventory
Not Included in asking price
Furnitures, Fixture & Equipment(FF&E)
Included in Asking Price
Facilities
Well Merchandised Store. Unique Furniture, Fixtures and Equipment. Not your typical liquor store setting. Nostalgic Interior. Long Term Lease.
Growth & Expansion
Increase Revenues by Adding: 1) ATM; 2) Expanding Hours; 3) Liquor/Wine Tastings with Entertainment on a Monthly Basis.
Financing
Possible SBA Loan
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