Status: Sold
Busy Liquor Store in Excellent Location - Listing #: NAPFL001-N43
| Category |
: |
Liquor Related Biz |
SIC |
: |
5921 |
|
| Detail |
: |
Liquor Package Store |
Price |
: |
849,900 |
|
| County |
: |
Manatee |
Down |
: |
189,800 |
|
| State/Prov |
: |
Florida |
Adj Net |
: |
244,824 |
|
| Country |
: |
USA |
Sales |
: |
1,154,163 |
|
*****Under Contract. PRICE INCLUDES HARD TO GET FULL 3PS LIQUOR LICENSE VALUED AT $350,000 *** . This extremely busy liquor store is located close to the beach with great visibility and has ample parking. The current owners founded this business over 25 years ago. Rent is $2,700 per month on the current lease which expires in 2023.
Tremendous growth opportunities exist by adding delivery, increasing storage to allow for bulk purchases & implementation of an advertising campaign.
| Reason for Sale |
: |
Retirement |
| General Location |
: |
West Coast Florida |
| Organization Type |
: |
Corp 'Sub S' Hours Owner Works: 98 |
| |
: |
Years Established: 28 Years Owned: 28 Emp FT: 2 Emp PT: 0 Mgrs: 0 |
| Non Compete |
: |
Miles: 5 Years: 100 Weeks Training: 2 Cost: $0 |
| Operating dys/hrs |
: |
8:00 AM TO 10:00 PM MONDAY THRU SUNDAY |
| Skills/Licenses |
: |
3PS Liquor License |
| Business |
: |
Is Relocatable: N Is Home Based: N Is a Franchise: N Is Lender P/Q: Y Should Qualify For Visa: Y |
| Data Source |
YTD P&L |
Tax Return |
|
|
| Year (Cash Flow) |
2019 (N) |
(N) |
(N) |
|
| Gross Revenue |
1,154,163.60 |
1,083,298 |
0 |
|
| Cost of Goods |
794,053.74 |
761,053 |
0 |
|
| Gross Profit |
360,109.90 |
322,245 |
0 |
|
| Expenses |
126,760.04 |
117,725 |
0 |
|
| Net |
233,249.86 |
204,520 |
0 |
|
| Owner Salary |
24,000.00 |
24,000 |
0 |
|
| Benefits |
0 |
0 |
0 |
|
| Interest Expense |
0 |
0 |
0 |
|
| Depreciation |
0 |
0 |
0 |
|
| Other |
2,400.00 |
2,400 |
0 |
|
| Owner Benefit |
259,749.86 |
230,920 |
0 |
|
| Accounts Rec |
0 |
Y* |
Real Estate |
0 |
N* |
| Inventory |
75,000 |
Y* |
3PS Liquor License |
350,000 |
Y* |
| F F & E |
84,000 |
Y* |
Total Assets |
509,000 |
Y* |
| Leasehold |
17,000 |
Y* |
| *Included? |
|
| Lease/Month: 2700 |
Square Footage: 2100 |
Building Type: Strip Center |
| Terms & Options: New 10 Lease Available |
Expiration Date: 8/9/2023 |
| Loan/Assumable |
- Amt: |
0 Mos: |
0 Rate: |
0.00 Mo Pmt: |
0.00 |
|
| Loan/Seller |
- Amt: |
0 Mos: |
0 Rate: |
0.00 Mo Pmt: |
0.00 |
|
| Loan/Other |
- Amt: |
759,200 Mos: |
120 Rate: |
7.75 Mo Pmt: |
9,111.21 |
|
| GLEN MCLAUGHLIN |
Office |
: |
(855) 969-3534 |
|
| ASSOCIATE |
Fax |
: |
(866) 985-8735 |
|
| |
Home |
: |
(239) 777-1537 |
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| SUNBELT BUSINESS BROKERS NAPLES & FT. MYERS |
Cell |
: |
(239) 777-1537 |
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| 3510 KRAFT ROAD |
|
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|
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| NAPLES, FLORIDA 34109 |
Email |
: |
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| USA |
Home Page |
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