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This Business has been Sold!
Closing Date: 07/01/2015

Business for Sale Summary

Profitable & Established Liquor Store - 25181

Business Type: retailing businesses,convenience store,liquor store/ wine,seller financing available
Sold
Profitable & Established Liquor Store
On July 1st 2015, The Undersigned
Acted as the Advisor to the Deal
Christi Wigle
Christi Wigle Senior Broker
Servicing: Davidson County TN, Grainger County TN, Hamblen County TN, Hamilton County TN, Knox County TN, Sevier County TN, Shelby County TN, Washington County TN
Attention Business Owners: We are always in search of quality businesses to list, so if you are thinking of selling your business or would like to acquire another business, please email us at listingmanager@vestedbb.com or call us at 1(877) 735-5224 to discover the difference that is Vested Business Brokers.

Financial Information (non-confidential)

General Information
Asking Price $265,000 Down Payment $265,000
Gross Revenues $569,197 Lease Remaining Register Free to View
Owner’s Cash Flow $132,839 Number of FT Employees Register Free to View

Financing

$265,000 Down and Seller financing available for inventory

Business Description

REDUCED PRICE! Seller is motivated to sell. Well established liquor store with unique floor plan. You can operate this store totally behind the glass or open it up to let the customers get bottles off the shelf. This is a great opportunity for a owner-operator or absentee-owner. $550,500 gross sales with $132,858 cash flow. Inventory has been increased to $90k to accommodate peak season during the holidays. Located in a nice working class neighborhood on a major intersection with lots of residential properties all around. This well known business has a huge repeat customer base with plenty of daily foot traffic contributing to 95% of sales. Business includes 97% liquor sales and with established check cashing service. With new laws in place, several C-store items are now offered to repeat customers, including beer, tobacco and other items. This business features integrated POS, state of the art security with Medico locks, 14 cameras and full security panic button, remote control monitoring, 6" bullet proof glass and has sky cop in parking lot. This business has had 0% crime reports which allows you to focus on sales and making money! Seller willing to provide training. Website included. We are looking for serious and qualified buyers ONLY who are serious about maintaining level of excellence for this store. Purchase this store before peak season starts and make the most profit possible during your first year! If you want more information, please contact Christi Wigle at cwigle@vestedbb.com or call/text at 423-748-3665.

Disclaimer: The financial information in this business listing has been provided by the Seller. Vested Business Brokers, Ltd. (VBB) has not independently verified this information. Therefore, we make no claims as to the accuracy of this financial summary. Vested recommends that you consult with an accountant, attorney and/or other professionals to represent and assist you in any business transaction. One of our associate brokers will arrange a meeting between you, your representatives, and the Seller, but they are not authorized to make any representations or warranties on behalf of the seller or VBB. You agree to hold Vested Business Brokers and its associated brokers harmless for any misrepresentations made by seller.