Off Sale Liquor in NW Suburb
Report Date: 8/11/08 BizBuySell Add #: 375760
Location: SE Suburb
Primary Category: Off Sale Liquor
 

Financial Information

Asking: $ 425,000 Gross: $ 1,200,000 Cash Flow: $ 92,000
Furniture, Fixtures & Equipment: $ 130,000
Inventory: $ 100,000 (not included in sale price) Owner will carry paper on inventory
Lease: $ 4,370/mo plus $1,700/mo CAM
Financing:  New financing, the owner will carry paper on inventory
 
Summary Description:

Location! Location! Location! Great visibility, access and sales growth.  Newly constructed in 2004.  Business is next to many other attractive businesses.  Sales increase 10-13% each year.  2008 is up from 2007 already.

 
General Information:
Facilities: 3,000 sq ft space in shopping mall
Competition: Only off sale liquor store in the area.
Growth & Expansion:

 Could add lottery to increase revenue.

Support / Training: 30 days for new owners.
Reason Selling: Owner wants to purchase another business
Year Established: 2004
Employees: Five
 
Contact information:
Contact: Jerry Vlaminck Phone: 763.972.9077
Email: hospitalityserv@frontiernet.net  
Prospect Contact Options:
      Require prospect's name
      Require prospect's telephone number
      Ask for prospect's available funds
      Ask for prospect's time frame
      Require prospect submit standard Confidentiality Agreement