Listing Number: 0873-845361
A large liquor store selling wine, beer, spirits, mixers and cigars is for sale. This liquor store is known for its excellent customer service and reputation, which has created a large base of loyal customers in the community since 1974. With 8 employees, the owner acts as the general manager, and has three assistant managers running the day-to-day operation. With established systems and employees this business will transition easily to a new owner. Liquor stores are one of the few businesses considered recession resistant and this one comes with strong cash flow and consistent returns.
The business had discretionary earnings of $725,000 in 2018. The owner is ready to enjoy retirement but is willing to stay on for an agreed upon training and transition period. This is a great opportunity to own a turn-key business with strong cash flow and consistent returns!
- Price: $2,320,346
- Down Payment: $1,000,000
- Sellers Discretionary Earnings: $725,108
- Total Sales: $5,886,283
- Location: Denver County, Colorado
- Inventory: $1,000,000
- FF&E: $385,537
- Employees: 8
- Year Established: 1960
- Reason for Selling: Other business interests
- Category: Liquor Related Biz