Detail

update dateMarch 19, 2021 publish DateMarch 19, 2021 Total views 118
  • Type: Liquor store
  • Sale month: $90,000
  • Status: Active
  • Listing ID:6766
  • Financing: Bank Financing
  • Real State Included: Yes
    • Description

      High Volume Liquor Store with Property in Southwest Georgia near Dothan, AL! Store includes a drive-thru! Seller closed the entrance to the store and only allows for drive-thru sales because of Covid-19.

      30 mins away from Dothan, AL! 1 ½ hours from Columbus, GA! 1 ½ hours from Tallahassee, FL!

      Monthly Sales are $90,000 per month! Lottery commission is $3,400 per month! ATM commission before Covid-19 was $350. ATM is currently closed since the store only allows for drive-thru customers.

      Net profit is more than $21,500 monthly after all the expenses! Down payment needed is only $240,000! Mortgage payment (assuming 20% down for the purchase price and inventory, 5.25% interest rate, and 25-year amortization) is only $5,753 per month! Buyer can take home nearly $16,000 per month after mortgage AND after paying $4,000 in monthly payroll! Owner-operator can take home $18,000 per month!

      Seller is willing to do a lease-purchase for the Property for $100,000 + inventory (total $400,000)!

      Store is only open 11 hours a day Monday through Wednesday! The store is open Thursday through Sunday only about 13 to 14 hours a day!

      New Buyer can start check cashing to increase sales.

      Less than a mile away from the peanut factory and seed suppliers totaling about 350 employees. One mile away from the cotton factory and two apartment homes totaling 113 units. 10 mins away from a state park known for its wide range of outdoor activities.

      Seller had the store for about 20 years and is ready to retire!

      Asking Price for Business and Property is $899,000 + inventory. Inventory is approximately $300,000 at cost. Down payment for bank financing is only $240,000! Lease-purchase is available for $400,000 down!

      If interested, please email your full name and best contact number to info@riverbrokers.com

      Highlights

      .New Buyer can start check cashing to increase sales.

      Financial Details

        AnnualPer SF
        Gross rental income:
        Other Income:
        Operating Expenses:
        Property Taxes:
        Total Expenses:
        Net Operating Income: