Successful, well established central liquor store

Undisclosed Address, Kentucky
Expired Business Opportunity for Sale
Catylist Listing ID: 30118858
Property Subtypes: Food and Beverage
Building Size (RSF): See Agent
Sale Price: $830,000
Name of Establishment: Undisclosed
Gross Revenue: $1,534,610 (Annual)
Cash Flow: $0 (Annual)
Sale Terms: Cash to Seller.
Expired On: 11/13/2017
Last Updated: 11/13/2017

Overview / Comments

Successful, well established, centrally located liquor store in Louisville, being sold at 2.5 times monthly sales, plus inventory at cost. (Inventory is approximately $508,200 @ cost at the time of this listing.)

Long term lease in place, with several renewal options

This is being offered as a separate store, or in conjunction with 3 other related liquor stores, which share the same name, all in the Louisville market. Detailed financials and asking prices on the other 3 may be obtained by emailing a signed Confidentiality Agreement, which can be found under Attachments to this listing, judy@kwcommcialky.com, Once received by the Listing agent, you will be given a password to access the financials, including inventories and asking prices.

Attachments & Media

Additional Details

Industry Segment: Liquor Stores
Reason for Selling: Health reasons.
Value of Inventory Included ($): $508,200
Value of Furniture, Fixtures, and Equipment ($): $0
Value of Real Estate Included ($): $0
Real Estate Lease Description: Long term lease, with several renewal options.
Employee/Labor Description: All employees would like to stay on, including the General Manager.
Mgmt/Training Support Description: Owner will stay on to consult with new owner during transition.
Growth/Expansion Opportunities: Whether you buy one, or more of these stores, (up to 4 are available), volume discounts from buying in bulk can provide a great edge against the competition in today's agressive pricing environment.


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