Absentee-Owner Liquor Store - Gulf Coast, MS

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This listing is: Off Market

Background

BizEx ID:BizEx1363-SL
General Location:Gulf Coast Region, MS
Category: Convenience Stores
Liquor Stores
Years in Business:19
Under Present Owner:all
Hours of Operation:9am to 10pm
Owner Hours:none
Training:TBD weeks @ hours
Organization Type:LLC
Lease Expiration:flexible
Lease Options:flexible
Building Size:3,500
Employees:8
Reason for Sale:Retirement

Financials

Asking Price:$1,950,000
Down Payment:Negotiable
Gross Sales:$2,457,065
Discretionary Cash Flow:$635,064
FF&E:
Inventory Included?No
Inventory:$120,000
Min. Operating Capital:
Real Estate Available?No
Rent:$10,000
Payroll:$2

2021 2020
Gross Sales $ 2,457,064 $ 2,613,945
Gross Profit $ $
Disc. Earnings $ 635,064 $ 639,457

Logos Member of the California Association of Business Brokers Member of the International Business Brokers Association Member of the M&A Source Holder of the Merger & Acquisition Master Intermediary designation, M&A Source's highest qualification Holder of the Certified Business Intermediary designation, IBBA's highest qualification Holder of the Certified M&A Professional designation from Coles College Trained by the National Association of Certified Valuators and Analysts to conduct business valuations