Central Florida Liquor Store/Lounge, Very Profitable, Great Location

Location: Florida, United States
Category: Food and Beverage
Type: Established

Financials

Asking Price: $850,000
Cash flow: $250,000
Revenue: Not Disclosed
Gross Income: $813,514
Inventory: Not Disclosed
FF&E Not Disclosed
Real Estate: $1,900,000 - Included in the Asking Price

Business Details

The business is located in a beautiful, downtown area, surrounded by well-established upscale businesses (antiques stores, hotels, restaurants, boutiques, etc.) There is no competition, because there is only one other liquor store in the area. It has ample parking space in the parking lot, behind the business, and customers can enter the store from the rear parking lot too. The liquor store is spacious, well-stocked and well lit. It has a brand new security/surveillance camera system installed that can be monitored in the store on a large screen TV ($4,000 value). The store is owner-operated and the bar is run by two part-time bartenders, who have been with the owners since they bought the business. There is also a full-time employee who takes care of stocking. The owner takes great pride in his business, and he recognizes and knows his regular customers by name. The store is well known in the area, and the community is exploding in growth. This is a real gem and won\'t be on the market long! Liquor license worth $425,000 and $120,000 inventory is included in the price! Buy the business before the holidays and reap the benefits of the busy holiday sales! (The store alone grossed over a &100K in December last year!)PRINCIPALS ONLY, PLEASE! NO BROKERS!

This long-established package store/lounge is located on a busy street on the first floor in a 4,200 sq.ft. free standing building, surrounded by well-established, upscale businesses. It has ample parking space in front of the store and the parking lot behind the business. The building is also for sale for $1.9 million. The second floor (which is not occupied at this time), 4,200 sq.ft., could be used for VIP Club, offices, the possibilities are endless!

There is no competition nearby, and the lounge packs them in every weekend.
This area is exploding in growth and the package store/lounge continues to generate increasing revenues.

$180K Down, with SBA Approval OR Seller will finance with $300K Down, neg. term

General Information

Reason Selling: Owner wants to retire.

Number of Employees: 2
Year Established: 1980