Profitable Liquor Outlet with Semi-Absentee Ownership

*stock photo

Price: $1,100,000

Location: Colorado

Industry: Liquor Stores

Listing ID: 004

Description

This large and profitable retail liquor outlet is located in the Four Corners area of the Mountain West. Close to several geological tourist destinations, this massive liquor store caters to reservation residents and throngs of tourists during the Summer months. With a legacy dating back to the 1970s, this profitable store is one of the largest of its kind amidst the local competition and offers discount pricing due to immense volume purchasing.
*Inventory is NOT included in the sales price. Inventory averages $375,000.

LISTING DETAILS

Down Payment: N/A

Total Sales: $3,600,000

Cash Flow: $369,000

EBIT: N/A

EBITDA: N/A

Accounts Receivable: N/A

FFE: N/A

FFE Included: Yes

Inventory: $375,000

Inventory Included: No

Operation

Year Established: 1970

Non-Owner Payroll: N/A

Employees: 11

Absentee Owner: Yes

Location

Real Estate: N/A

Real Estate Included: No

Monthly Rent: N/A

Square Footage: 11000

Summary

Facilities Information:

All current assets are included in the sale including a 20-door walk-in retail display cooler, various desktop computers and bar code scanners, 4 single-door refrigerated wine display coolers, A 25 camera security system, 1 ice production machine, various retail shelving and industrial storage rack system, 1 electric palette jack, all desks, furniture, signage and retail display items.

Reason For Sale:

Retirement

Training & Support:

2 weeks at no additional cost

Competition:

The store holds a unique geographic position with proximity to several Native American reservations where alcohol sales are PROHIBITED. This gives the liquor outlet a relatively captive audience. This is one of the largest liquor outlet in the Four Corners area.

Potential Growth:

The store has recently implemented an online ordering program. Online sales are an immediate opportunity for growth.

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LISTING OWNER