Asking Price: $465,000

Gross Revenue: $1,000,000

Gross Revenue Comments: + or -

Cash Flow: $206,500

Cash Flow Comments: includes owner salary

Inventory: $100,000 (Not Included in Asking Price)

FF&E: $200,000 (Included in Asking Price)

Real Estate: (Not Included in Asking Price)

Seller Financing: NONE

LIQUOR STORE Well established in the town.
The present owner has operated the store for approximately 11 years. The ours of operation are as follows: 9am-10pm Monday thru Thursday. 9am -11pm Friday- Saturday. 12 noon-5pm Sunday. Estimated gross sales: $1,000,000 with average
of 31% net the owner $310,000 + lottery commission o $25,000 = $335,000, before operational expenses. Estimated operational expenses rent $75,000; payroll $27,000, water $1,200; insurance $3,500+ $800.wc., $2000; electric $9600; oil heat $2400; telephone 1000; bank charges $6000; total operational expenses $128,500=$206,500

Year Established: 1930

Employees: 2 full time - 2 part time

Facilities: The store is 2,400 s.f. with a large basement. This store is fully computerzied with POS scan system and inventory control system. There is a 8 camera monitoring system that can be view from anywhere in the world. The store is decorated on the wall with many valuable on of a kind mirrors and plagues are consider very valuable. Rent is below the market rate in the area the market rate for base rent is $32-35.00 s.f. triple net. The present rent is currently $23.00 s.f. a savings of $9.00-13.00 per year. x 2400 s.f giving you a $21,600-$31,200 base on first 5 years over $150,000.

Market Outlook and Competition: The are two liquor stores in the area. This store is a true liquor store tht does not carry convenience items.

Management Training and Support: Will train new buyer.

Reason For Selling: Current owner has own the store for 11 years. Need a change wants to purchase to a different business with less hand on involvement.