Detail

update dateOctober 10, 2022 publish DateOctober 10, 2022 Total views 85
  • Type: Liquor store
  • Sale month: $37,500
  • Status: Active
  • Listing ID:7682
  • Financing: Bank Financing
  • Real State Included: Yes
  • Bulding status: Existing
    • Description

      Zero Goodwill! Only pay a $20,000 acquisition fee and the inventory! The inventory is approximately $80,000 at cost.

      Seller is also willing to do an owner-financing deal for the property! Property is 4.5 acres of land which includes a House (2 bedroom, 1 bath) and a Barn!

      Seller is currently overpaying a high payroll of $5,700 per month! Seller lives in New Orleans and cannot manage the business! Based on the current store hours and paying a $12 hourly rate, the appropriate payroll should be $4,200 per month!

      Zero competition! Only liquor store in town! Recession-Proof Business! Store includes a drive-thru!

      Lottery Commission is $5,000 per month! Monthly sales are currently $37,500 at 30% margins! Store used to do $60,000 per month with the previous owner! Huge opportunity for an Owner-Operator to increase the business!

      Seller recently started Uhaul!

      If Buyer opts for the zero goodwill option, then the rent will be $4,800 NNN per month with a 15-year lease available! Just the lottery commission pays for the rent!

      Included with the rent is a House with 2 bedrooms and 1 bath next to the store!

      Store is located near the Alabama border! Only one hour from Tallahassee! 30 min from Dothan, AL! Also located near two community colleges!

      Asking Price for the Business-only is ZERO! Just pay a $20,000 acquisition fee and the inventory at cost which is approximately $80,000.

      Asking Price for Liquor Store Business and Property and Liquor License: $650,000 + inventory! Just the liquor license in Jackson County is worth $150,000!

      If interested, please give us a call anytime at (770) 664-9999 or email your full name and best contact number to info@riverbrokers.com

      Highlights

      .Zero Goodwill! Only pay a $20,000 acquisition fee and the inventory! The inventory is approximately $80,000 at cost.
      .Zero Goodwill! Only pay a $20,000 acquisition fee and the inventory! The inventory is approximately $80,000 at cost.
      .Seller is currently overpaying a high payroll of $5,700 per month! Seller lives in New Orleans and cannot manage the business! Based on the current store hours and paying a $12 hourly rate, the appropriate payroll should be $4,200 per month!

      Financial Details

        AnnualPer SF
        Gross rental income: $450,000 $Infinity
        Other Income:
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        Property Taxes:
        Total Expenses:
        Net Operating Income: